ALFA Applauds Minnesota Supreme Court’s Ruling Affirming Consumer Legal Funding

By John Freund

June 11, 2010 – Last week, the Minnesota Supreme Court affirmed consumer litigation funding in Minnesota, finding that champerty, the English common law doctrine prohibiting disinterested third parties from providing money to plaintiffs in exchange for an interest in their case no longer applies.“The American Legal Finance Association (ALFA) applauds the Minnesota Supreme Court’s decision to eliminate the application of this outdated doctrine to consumer legal funding. Minnesota is joining the ranks of states that understand the important role of consumer legal funding in helping victims access justice.” said Kelly Gilroy, Executive Director of ALFA.

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