Tag: third party funding
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HKIAC reports record amount in dispute for 2023
The HKIAC's recently released statistics for 2023 reveal that the institution had a record-breaking year measured by the amount in dispute, underscoring …
NEW CIETAC RULES COME INTO EFFECT
The updated arbitration rules of the China International Economic and Trade Arbitration Commission ("CIETAC"), one of the leading PRC arbitral …
Third party funding for English-seated arbitration: do the English DBA regulations apply?
The English Supreme Court has confirmed in Paccar Inc v Road Haulage Association Ltd [2023] UKSC 28 that litigation funding arrangements based on a share …
Delhi High Court rules that third party funder has no liability to pay costs award against a losing funded party
In the recent case of Tomorrow Sales Agency Ltd v SBS Holdings Inc, a Division Bench of the Delhi High Court has refused to hold a third party funder …
PRC LAW DOES NOT PROHIBIT THIRD PARTY FUNDING FOR ARBITRATION, COURT DECISIONS SAY
In two related decisions, different PRC courts have upheld third party funding arrangements for arbitration, finding that they were not prohibited by PRC …
INSIDE ARBITRATION ISSUE #15: PERSPECTIVES ON CROSS-BORDER DISPUTES
We are delighted to share with you Issue 15 of Inside Arbitration from Herbert Smith Freehills' Global Arbitration Practice. Over the past decade, the …
A ROUND UP OF COMMERCIAL ARBITRATION IN 2022: KEY DEVELOPMENTS YOU SHOULD KNOW
Third Party Funding: recoverability and regulation In Tenke Fungurume Mining S.A. v Katanga Contracting Services S.A.S, [2021] EWHC 3301 (Comm), the …
The European Parliament's proposed regulation of litigation funders: what you need to know
The European Parliament has published a proposed Directive to regulate commercial third party funding within the EU. The draft proposal can be found here …
SIERRA LEONE PARLIAMENT APPROVES NEW ARBITRATION LEGISLATION
SINGAPORE TO ALLOW CONDITIONAL FEE ARRANGEMENTS
2021 AMENDMENTS TO THE ICDR ARBITRATION AND MEDIATION RULES: A RESPONSE TO EVOLVING PRACTICE
THE NEW ICC RULES 2021: WHAT YOU NEED TO KNOW
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