Many Russian depositors are facing losses of up to 40 percent in Cyprus, and are currently considering their legal options. Should one of these options be initiating an investment treaty arbitration against Cyprus for expropriation on the basis of the 1997 Russian Federation-Cyprus bilateral investment treaty, which is included here: IAA-Bilateral-Investment-Treaty-Between-Russia-and-Cyprus. Such a claim could most […]
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 […]