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.
Premium article - 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
Premium article - 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.
Premium article - 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.
Premium article - 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.
Premium article - 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.
Premium article - 13 March 2018
Burford Capital says it has made a gain of US$94 million by selling its interest in the proceeds of an ICSID award against Argentina – withdrawing from a dispute where its role as third-party funder led the state to complain of fraud.