• Search

Third-Party Funding

A storm over St Lucia

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

Griffith not biased against funders, rules panel

Griffith not biased against funders, rules panel

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.

Hanotiau to advise third-party funder

Hanotiau to advise third-party funder

Premium article - 06 October 2014

Belgian arbitrator Bernard Hanotiau has joined Isle of Man-based litigation and arbitration funder Vannin Capital.

Why the majority got it wrong on security for costs

Premium article - 25 September 2014

By Christopher Bogart, CEO of litigation financier Burford Capital

RSM v St Lucia: Why the tribunal is to be applauded for security for costs order

RSM v St Lucia: Why the tribunal is to be applauded for security for costs order

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”.

Griffith challenged over funding comments

Griffith challenged over funding comments

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.

RSM v St Lucia: Why Griffith was wrong on security for costs

RSM v St Lucia: Why Griffith was wrong on security for costs

Premium article - 11 September 2014

Christopher Bogart, CEO of litigation financier Burford Capital, fiercely criticises the recent decision of a majority tribunal at ICSID to make a security for costs order against the claimant in RSM v St Lucia – and especially what he calls the “preposterous overreaction" of Gavan Griffith QC.

St Lucia wins security at ICSID

St Lucia wins security at ICSID

Premium article - 26 August 2014

An ICSID tribunal has ordered US oil company RSM to pay security for costs in a claim against St Lucia, in what is thought to be the first decision of its kind.

THIRD-PARTY FUNDING: Wildcatting for new claims

THIRD-PARTY FUNDING: Wildcatting for new claims

Premium article - 16 June 2014

Iain McKenny of UK disputes funder Vannin Capital argues that there is a vast reservoir of untapped arbitration claims that prevailing business models make too uneconomical to take on, and calls on arbitral institutions to take the lead in helping claimants access potential funding packages.

Disputes funder hires ex-Freshfields lawyer

Disputes funder hires ex-Freshfields lawyer

Premium article - 13 June 2014

Litigation funder Vannin Capital has appointed former Freshfields Bruckhaus Deringer senior associate Yasmin Mohammad as senior counsel in Paris.

Burford reveals role in Bolivia treaty claim

Burford reveals role in Bolivia treaty claim

Premium article - 03 June 2014

As Bolivia honours an investment treaty award in favour of UK electricity company Rurelec, third-party funder Burford Capital has revealed its role in a debt financing linked to the claim.

Mistakes to avoid when approaching third-party funders

Mistakes to avoid when approaching third-party funders

Premium article - 15 April 2014

Far from encouraging unmeritorious claims, arbitration funders turn down the majority of cases they’re asked to finance. James Delaney, director of London-based funding broker The Judge, explains the mistakes to avoid when applying for funding.