Selling a debtor’s claims must be structured to avoid champerty under state law.
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Case Details
Case Citation
Crabtree v. Allstate Property & Casualty Ins. Co., 23-60537 (5th Cir. June 12, 2025)
Case Name
Crabtree v. Allstate Property & Casualty Ins. Co.
Case Type
N/A
Court
Bill--another interesting
Bill--another interesting decision. So apparently the third party litigation financiers (TPLF) in the world (like Burford and others) steer clear of Mississippi.... This structure pretty much describes every TPLF transaction in cases all over the country!