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Dentons and the global head of its international arbitration group have asked a court in Delaware for permission to recover unpaid fees from a client by forcing the sale of a US$96 million ICC award that the law firm helped it obtain in a dispute with the Democratic Republic of the Congo.
13 June 2019
An ICSID case that left an unsuccessful claimant saddled with a US$6 million adverse costs award was financed by Australia-based disputes funder IMF Bentham, GAR has confirmed.
07 May 2019
Clyde & Co has entered into an arrangement with a London-listed Australian disputes funder to help its clients “unlock new ways to manage and pay for disputes.”
28 March 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.
28 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
27 February 2019
ICSID has published a compendium of public comments on its proposed amendments to the centre’s rules.
18 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.
15 January 2019
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.
23 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.
02 November 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.
24 October 2018
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