Premium article - 28 February 2019
A former Iraqi government minister has been denied permission to pursue a belated challenge to an investment treaty award in favour of Pakistan in the English courts – as it emerges that a parallel set-aside action funded by Burford Capital has been discontinued.
Premium article - 27 February 2019
ArbitralWomen president Dana MacGrath has left the partnership at Sidley Austin to join New York-based litigation funder Bentham IMF as it seeks to finance more international arbitration cases
Premium article - 18 January 2019
ICSID has published a compendium of public comments on its proposed amendments to the centre’s rules.
Premium article - 15 January 2019
A Texan oil company backed by a third-party funder has asked the US courts to enforce a Stockholm Chamber of Commerce award worth more than US$200 million against a subsidiary of Rosneft that was found to have engaged in fraud in connection with a joint venture in Siberia.
Premium article - 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.
Premium article - 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.