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Re:Gawker Files for Bankruptcy, Will Be Put Up for Auction by bra-ket on Friday June 10, 2016 @01:24PM (#11878028)
It's called 'maintenance' and it was made illegal under common law of England 500 years ago

http://overlawyered.com/2016/05/champerty-maintenance-explai...

Re:Gawker Files for Bankruptcy, Will Be Put Up for Auction by icebraining on Friday June 10, 2016 @01:44PM (#11878289)
Yes, in a time before judicial independence and separation of powers were implemented.