Thibault de Boulle has kindly offered the IAA Network a guest post on third-party funding, which may be read below. Please do not hesitate to let us know if you have any arbitration-related materials that you would like to have published on the IAA Network, since we always welcome additional materials that are pertinent to […]
Third-Party Funding In Asia
Recently, a client asked whether third-party funding was legal in Asia. Jana Karam helpfully compiled the following information, which shows that third-party funding is permissible in the vast majority of jurisdictions, but not in China or Singapore, where it is clearly not allowed. Below is a review of the current status of third-party funding in […]
Third-Party Funding Arrives in France
While third-party funding has become commonplace in the United States, Australia, UK and other common law countries, it has only now truly arrived in France. The first wholly French third-party funder, named Alter Litigation, was initiated only weeks ago and its website is available here. It’s founder, Frederic Pelouze, a former attorney, indicates that he […]
Publication of the First Article on Security for Costs and Third-Party Funding
William Kirtley and Koralie Wietrzykowski publish an article in the Journal of International Arbitration entitled “Should an Arbitral Tribunal Order Security for Costs When an Impecunious Claimant Is Relying upon Third-Party Funding?” This is the first article to examine in detail the important issue of whether security for costs should be systematically granted when a […]