Premium article - 20 March 2012
In the second part of our series examining third-party funding developments around the world, partner Martin Valasek of Norton Rose Canada in Montreal reports on recent Canadian case law on the issue of whether financing costs can be recovered from the losing side in a case.
Premium article - 02 March 2012
UK litigation funder Calunius Capital is to foot the bill for London-listed mining company Oxus Gold's US$400 million investment claim against Uzbekistan, which is also being handled by new counsel.
Premium article - 27 February 2012
A recent roundtable that brought together funders, counsel and arbitrators explored the tangled web of issues that arise in third-party funded arbitrations – regarding control of the process, disclosure, conflicts and cost. The first in a series of articles on the event focuses on the products on offer and the importance of pricing.
Premium article - 05 January 2012
Christian Stuerwald, the head of case assessment at Calunius Capital in London and former head of Allianz Litigation Funding’s UK office until 2009, and Mick Smith, one of the co-founders of Calunius, consider the ICSID case of Fuchs and Kardassopoulos v Georgia, a rare public example of a funded investment treaty case.
Premium article - 23 November 2011
How concerned should arbitrators be about the funding arrangements of the parties appearing before them? Albert Jan van den Berg gave his view at a recent event in Miami.
Premium article - 28 October 2011
In a new twist on third-party funding of international arbitration, Canadian mining company Crystallex is selling securities worth US$120 million linked to the proceeds of a future ICSID win against Venezuela.
Premium article - 24 June 2011
At a roundtable in New York, Freshfields Bruckhaus Deringer partner Nigel Blackaby outlined his personal experience of third-party funding in a series of investment arbitrations and highlighted some points to consider when embarking on that path.
Premium article - 18 March 2011
The claimant in an abandoned ICSID case against Romania is suing the third-party funder that helped to finance the claim, leaked court documents have revealed.
Premium article - 16 November 2009
With the use of third party funding on the rise in international arbitration, a case from New York is shedding light how other sectors are making use of it, and what can happen when things go wrong.
Premium article - 23 October 2009
Burford Capital has just raised US$130 million in an initial public offering at London’s Alternative Investment Market, the largest sum raised to date by an entity intending to specialise in litigation and arbitration funding. But what kinds of cases is it interested in, and what will the terms of investment be?