10 March 2016
On March 9, 2016, the Delaware Superior Court issued an important opinion in the case of Charge Injection Techs. v. E.I. DuPont De Nemours & Co. (Case No. 07C-12-134). In it the Court reiterates that modern litigation financing arrangements do not violate ethical laws. DuPont sought dismissal of the intellectual property suit that is pending against the company based on outdated notions of champerty and maintenance, which the Court squarely rejected.
Crucial to the ethical questions underpinning litigation finance is the amount of control a funder seeks to exert in the course of the financing relationship. According to our Code of Ethics, Law Finance Group never seeks to control any aspects of the litigation. Instead, all case and settlement decisions remain in the capable hands of the attorney and client.
Click here for the Delaware Superior Court opinion, or call (415) 446-2300 for more information or inquiries.