Topic: Third-party funding

Crypto investors are being asked to fund a US$13 billion ICSID claim against Slovakia that will be refiled “imminently” by a US mining company – five years after the original case was thrown out.

22 March 2022

A Spanish arbitrator has ordered Malaysia to pay US$14.92 billion plus interest and costs to the heirs to a sultanate on the island of Borneo, while criticising the state’s “intimidatory and coercive” tactics against him.

28 February 2022

A US court has ruled that a lawsuit brought against King & Spalding by a former client over the division of the proceeds of a US$45 million investment treaty award against Vietnam should go to arbitration.

13 January 2022

Mick Smith, one of the co-founders of disputes funder Calunius Capital, has joined rival funder Burford Capital as principal in London.

05 January 2022

Irish national Niamh Leinwather is to take over as secretary general of the Vienna International Arbitration Centre as her predecessor Alice Fremuth-Wolf joins Swiss disputes funder Nivalion to head its office in the Austrian capital.

14 December 2021

Uruguay has asked a US court to enforce an ICSID award requiring a Florida telecoms company to pay nearly US$6 million in costs following an unsuccessful treaty claim that was backed by a third-party funder.

07 December 2021

Shaneen Parikh and Anand Mohan of Cyril Amarchand Mangaldas consider third-party funding in India and the practical challenges it faces, while calling on the government to acknowledge its legality and make it available to litigants in the wake of covid-19.

16 November 2021

Pranav Mago, the former head of the Singapore International Arbitration Centre’s South Asia desk, has launched one of Asia’s first litigation finance consultancies.

03 September 2021

A Singapore court has ruled that funding provided by Omni Bridgeway to help a struggling commodity trader pursue an arbitration in Hong Kong should be granted super-priority status in the context of the trader’s debt restructuring.

03 September 2021

Australian investors have settled a third-party funded ICSID claim against Egypt over the alleged expropriation of their stake in a mining project.

31 August 2021