Want access to unlimited case records and advanced research tools? Create your free CasePortal account now. No credit card required to register.
Try CasePortal for FreeJ. Kendall denies a group of turkey processors’ motion for summary judgment to dismiss an investment firm from this longrunning litigation over alleged turkey product price-fixing. The investment firm never bought any turkey products from the processors, instead having simply bought the antitrust claim from a now-bankrupt national food distributor years ago. The turkey processors argue this is champerty forbidden by state law, and that allowing the investment firm to continue in the suit despite merely speculating on the case’s outcome will greenlight litigation funders to further purchase claims and pursue them for profit. The court is unconvinced, finding nothing wrong with the investment firm’s litigation, as it is itself owned by another capital firm litigation funder.