Premium article - 30 April 2015
US oil company RSM must comply with an order that it pay St Lucia security for costs within six months or its ICSID claim against the state will be dismissed, a tribunal has ruled.
Premium article - 17 February 2015
Mark Kantor, an independent arbitrator in Washington, DC, considers how respondents in international arbitrations can avail themselves of third-party funding in the form of insurance products.
Premium article - 30 January 2015
Third-party funder Burford Capital has acquired UK-based asset recovery firm Focus, expanding its ability to help clients collect on judgments and awards.
Premium article - 20 November 2014
GAR has obtained a copy of the decision declining to disqualify Australian arbitrator Gavan Griffith QC from an ICSID case against St Lucia over views he expressed that claimants backed by third-party funders should be liable for security for costs in investor-state cases.
Premium article - 25 October 2014
An ICSID decision awarding security for costs to the Caribbean island of St Lucia saw Gavan Griffith QC highlight the problem of litigation funders sharing the benefits of successful arbitration claims, while not bearing the adverse costs consequences should the claim fail. Alison Ross reports
Premium article - 24 October 2014
Australian arbitrator Gavan Griffith QC will continue to hear an ICSID claim brought by US oil company RSM against St Lucia, after a challenge to his position on the tribunal based on his alleged bias against third-party funders and their clients was rejected.
Premium article - 06 October 2014
Belgian arbitrator Bernard Hanotiau has joined Isle of Man-based litigation and arbitration funder Vannin Capital.
Premium article - 25 September 2014
By Christopher Bogart, CEO of litigation financier Burford Capital
Premium article - 24 September 2014
In a response to a recent article in GAR, Peter Griffin of London-based investment claims consultancy Slaney Advisors writes that the CEO of Burford Capital’s criticism of a majority ICSID tribunal for awarding security for costs in RSM v St Lucia – and particularly his castigation of Australian arbitrator Gavan Griffith QC – is “regrettable”.
Premium article - 11 September 2014
US oil company RSM is seeking to disqualify Australian arbitrator Gavan Griffith QC from an ICSID tribunal hearing its claim against St Lucia, arguing that an opinion he appended to a recent decision on security for costs reveals bias against third-party funders and funded claimants.