A far cry from the traditional illegality of champerty and maintenance, claimants and arbitral institutions alike continue to embrace third party funding arrangements. Despite arbitration being heralded as a cost-effective alternative to litigation, many complex commercial arbitrations remain costly and…
Liam McInerney and Lisa LoechelThere are a number of significant hurdles and uncertainties when engaging in international commercial litigation, including (1) the risk of parallel proceedings and jurisdictional disputes where multiple jurisdictions apply to the relevant transaction; (2) the risks arising from delays in…
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