How often do you get to think about champerty and maintenance these days? The words ring vaguely from the first year of law school, but they play little role in modern litigation, as they are archaic notions, that some outsider would finance litigation, whether for a piece of the action or other reasons. Those “other reasons” could be a belief in a socially utilitarian outcome, or to vindicate some personal butthurt.
Enter Peter Thiel, the co-founder of PayPal and a billionaire as a result. Thiel had a special hate on Gawker. Not like your hate because it’s such a horrible, disgusting, low-brow online media outlet reflecting our taste for the sordid. Thiel’s hate came from a Gawker subsidiary, Valleywag’s, effort to out him.
“Valleywag is the Silicon Valley equivalent of Al Qaeda,” Thiel said at the time.
Somebody really hated Gawker, and had the money to turn his hate into lawfare. Then came some clown in a bandana, and boom! Continue reading
