Premium article - 21 August 2015
Recently published documents in an ICSID case against Slovakia reveal that the tribunal ordered two mining companies to identify the third-party funder backing their claim but refused to order security for costs or the termination of criminal proceedings.
Premium article - 17 June 2015
In what is thought to be a first, an ICSID tribunal has ordered Turkish investors to disclose any third-party funding arrangements in a US$300 million claim against Turkmenistan.
Premium article - 12 June 2015
Canadian mining company Stans Energy has secured third-party funding for a new arbitration against Kyrgyzstan, as a freezing order it had obtained against Kyrgyz state assets in Canada is overturned.
Premium article - 08 May 2015
Burford Capital is financing a multibillion-dollar lawsuit against Argentina over its nationalisation of oil and gas operator YPF, with an investment treaty claim against the state expected to follow.
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.