Funding of SCC claim draws scrutiny in Lithuania

Cosmo Sanderson and Sebastian Perry

10 March 2020

Vilnius (Credit: Shutterstock/proslgn)

A deal agreed by the Lithuanian city of Vilnius to finance its €560 million SCC claim against France’s Veolia has shone a rare spotlight on arrangements for third-party funding of claims by public entities – as well as drawing scrutiny from a local anticorruption body.

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Cosmo Sanderson

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Sebastian Perry