Premium article - October 25, 2014
An ICSID decision awarding security for costs to the Caribbean island of St Lucia saw Gavan Griffith QC highlight the problem of litigation funders sharing the benefits of successful arbitration claims, while not bearing the adverse costs consequences should the claim fail. Alison Ross reports
Premium article - September 25, 2014
By Christopher Bogart, CEO of litigation financier Burford Capital
Premium article - September 24, 2014
In a response to a recent article in GAR, Peter Griffin of London-based investment claims consultancy Slaney Advisors writes that the CEO of Burford Capital's criticism of a majority ICSID tribunal for awarding security for costs in RSM v St Lucia - and particularly his castigation of Australian arbitrator Gavan Griffith QC - is "regrettable".
Premium article - September 11, 2014
Christopher Bogart, CEO of litigation financier Burford Capital, fiercely criticises the recent decision of a majority tribunal at ICSID to make a security for costs order against the claimant in RSM v St Lucia - and especially what he calls the "preposterous overreaction" of Gavan Griffith QC.
Premium article - August 26, 2014
An ICSID tribunal has ordered US oil company RSM to pay security for costs in a claim against St Lucia, in what is thought to be the first decision of its kind.
Premium article - June 16, 2014
Iain McKenny of UK disputes funder Vannin Capital argues that there is a vast reservoir of untapped arbitration claims that prevailing business models make too uneconomical to take on, and calls on arbitral institutions to take the lead in helping claimants access potential funding packages.