Australian investors have settled a third-party funded ICSID claim against Egypt over the alleged expropriation of their stake in a mining project.
31 August 2021
A recently launched Swiss disputes funder is backing a “landmark” HKIAC claim that a group of traders are preparing against cryptocurrency exchange Binance for losses they incurred when its platform crashed.
19 August 2021
A Dutch national who won a US$45 million investment treaty award against Vietnam is suing his arbitration counsel King & Spalding, accusing the firm of colluding with third-party funder Burford Capital to cheat him out of his due share of the proceeds.
15 June 2021
UNCITRAL has published proposals for reforming the use of third-party funding in investor-state dispute settlement – including models for regulation, a code of conduct, disclosure requirements and potential sanctions.
27 May 2021
Australia’s Sundance Resources has disclosed that Burford Capital will fund its US$8.8 billion ICC claim against the Republic of the Congo over a revoked mining licence – as well as a potential claim against Cameroon.
10 May 2021
A Cayman hedge fund that helped to finance an arbitration against Pakistan has sought leave to subpoena a partner at Crowell & Moring who acted in the case, amid a dispute over more than US$28 million in award proceeds.
26 April 2021
An Australian disputes funder that financed an ICC claim against Albania has obtained a Cayman winding-up order against the claimant after the proceeds of the award were seized by an Albanian bailiff.
09 March 2021
The Australian disputes funder behind a Cayman oil company’s ICC claim against Albania has applied to wind up the claimant after the proceeds of the arbitration award were sequestered by a bailiff in Tirana.
04 February 2021
An Indonesian company and its UK partner have defeated a third-party funded SIAC claim worth US$32 million brought over a coal mining concession on the island of Borneo.
02 February 2021
Tanzania is now facing three ICSID cases over the state's alleged revocation of mining licences after a Canadian company became the latest to make good on an earlier threat to bring a claim.
11 January 2021
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