23 November 2018
A divided tribunal has found Bolivia liable for the expropriation of a silver mining concession while awarding the third-party funded claimant significantly less than the US$385 million it had sought – prompting a separate opinion by Chilean arbitrator Francisco Orrego Vicuña shortly before his death last month.
02 November 2018
Former general counsel of disputes and managing director at Vannin Capital Iain McKenny has launched a new fund, Profile Investment or “Pi”, which he says will be part of a new breed of "European asset management regulated" third party funders that will be more transparent and comply with European money laundering regulations.
Premium article - 24 October 2018
After reportedly being acquired by a private equity firm known for its funding of ICSID cases, a Panamanian holding company has threatened to bring an investment treaty claim against Uruguay over the renationalisation of an airline.
Premium article - 22 October 2018
The Swiss Federal Supreme Court has blocked a bid by an affiliate of third-party funder Calunius Capital to enforce an investment treaty award against Uzbekistan, finding the underlying dispute did not have a “sufficient domestic connection” with Switzerland.
Premium article - 19 October 2018
Third-party funder Vannin Capital has postponed a planned initial public offering, shortly after disclosing a US$6.6 million loss on an investor-state arbitration against Costa Rica.
Premium article - 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.
Premium article - 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.
Premium article - 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
Premium article - 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.
Premium article - 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.