• Search

Third-Party Funding

Not just legal fees…

Not just legal fees…

09 October 2018

Verity Jackson-Grant, the director of business development at specialist third-party funding broker The Judge, discusses funding trends and how removed from mere legal fees and expenses financing can become.

No split hearing for Colombia mining claim

No split hearing for Colombia mining claim

28 August 2018

An ICSID tribunal has refused a request by Colombia to hold a separate hearing on jurisdiction in a closely watched case brought by a Canadian mining company that was deprived of its right to operate within an environmental preservation zone.

Market trends and legal issues in third-party funding

Market trends and legal issues in third-party funding

08 August 2018

An event in London organised by Withers addressed third-party funding of international arbitration in the wake of the recommendations in the ICCA-Queen Mary report. Uliana Cooke of Withers in London reports

Funded BIT claimants ordered to pay security

Funded BIT claimants ordered to pay security

06 August 2018

A tribunal hearing a pair of bilateral investment treaty claims against Venezuela has ordered the third-party funded claimants to post US$1.5 million in security for costs – only the second known time such an order has been made in an investment arbitration.

Funder seeks to enforce against Uzbekistan

Funder seeks to enforce against Uzbekistan

30 July 2018

An affiliate of third-party funder Calunius Capital has applied to a US court to enforce a US$13 million investment treaty award against Uzbekistan – while the mining company that assigned the award tries to revive a billion-dollar claim.

Vannin Capital loses managing director and expands in Europe

Vannin Capital loses managing director and expands in Europe

20 June 2018

Vannin Capital’s general counsel of disputes and managing director Iain McKenny has left to set up new funding vehicles with the backing of global asset management company La Francaise Group, as Vannin announces the launch of a new funding business across Germany, Austria and Switzerland

Vannin Capital appoints in the US

Vannin Capital appoints in the US

05 June 2018

After recently naming Yasmin Mohammad as its head of international arbitration, third-party funder Vannin Capital has appointed two new managing directors for the group in New York and Washington, DC – former executive director of the New York International Arbitration Centre Alexandra Dosman and former Arnold & Porter senior associate José Antonio Rivas.

Kazakhstan creditors can’t pull out of fraud trial, rules judge

Kazakhstan creditors can’t pull out of fraud trial, rules judge

11 May 2018

The High Court in London has ruled that allegations that a US$520 million Stockholm Chamber of Commerce award against Kazakhstan was obtained through fraud must proceed to trial despite the claimants’ decision to abandon enforcement proceedings in England and Wales.

ICCA-Queen Mary task force releases funding report

ICCA-Queen Mary task force releases funding report

17 April 2018

A joint task force of ICCA and the School of International Arbitration at Queen Mary University of London has unveiled the final draft of its long-awaited report on third-party funding, on the second day of the ICCA Congress in Sydney.

More funding for Kyrgyzstan claim ahead of hearing

More funding for Kyrgyzstan claim ahead of hearing

03 April 2018

Canada’s Stans Energy says it has secured additional third-party funding to continue with a US$210 million UNCITRAL claim against Kyrgyzstan concerning the expropriation of its mining rights, as the case goes to a merits hearing next week.