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	<title>Comments on: Lawsuit investment and the limits of innovation</title>
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	<description>Dispatches from a legal profession on the brink</description>
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		<title>By: Craig Burley</title>
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		<dc:creator>Craig Burley</dc:creator>
		<pubDate>Fri, 16 Oct 2009 03:19:44 +0000</pubDate>
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		<description>And here I was, literally just yesterday (it was in the train home) warning a young lawyer about both the theoretical and actual dangers 0f champerty.  

I guess the insatiable desire of the capital markets for a piece of everyone&#039;s action (figuratively and, in this case, literally) is just going to make the small matter of the ethical conduct of a suit entirely dispensable.  Plaintiffs and lawyers will gradually become forbidden to act other than in furtherance of their shareholders&#039; pecuniary interest, and the corporatization of justice will be complete.

In Ontario, at least, I would hope that the state of the law remains clear.  Champerty is no longer a crime, but such agreements are void where there is an improper motive, and speculative investment is surely the very definition thereof.  Hopefully there are still some teeth in the old girl yet.</description>
		<content:encoded><![CDATA[<p>And here I was, literally just yesterday (it was in the train home) warning a young lawyer about both the theoretical and actual dangers 0f champerty.  </p>
<p>I guess the insatiable desire of the capital markets for a piece of everyone&#8217;s action (figuratively and, in this case, literally) is just going to make the small matter of the ethical conduct of a suit entirely dispensable.  Plaintiffs and lawyers will gradually become forbidden to act other than in furtherance of their shareholders&#8217; pecuniary interest, and the corporatization of justice will be complete.</p>
<p>In Ontario, at least, I would hope that the state of the law remains clear.  Champerty is no longer a crime, but such agreements are void where there is an improper motive, and speculative investment is surely the very definition thereof.  Hopefully there are still some teeth in the old girl yet.</p>
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		<title>By: The solution or the problem?</title>
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		<dc:creator>The solution or the problem?</dc:creator>
		<pubDate>Thu, 15 Oct 2009 16:13:35 +0000</pubDate>
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		<description>[...] to justice. It also gives rise to substantial ethical concerns, and I&#8217;m on record as having serious misgivings about treating a civil action as an investment. But there&#8217;s no denying it&#8217;s innovative, and that it should make it easier for people [...]</description>
		<content:encoded><![CDATA[<p>[...] to justice. It also gives rise to substantial ethical concerns, and I&#8217;m on record as having serious misgivings about treating a civil action as an investment. But there&#8217;s no denying it&#8217;s innovative, and that it should make it easier for people [...]</p>
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