Third-Party Funding For International Arbitration In Singapore And Hong Kong – A Race To The Top?

Monopolio2016 | Diciembre 13
TPF has traditionally assisted parties with the costs of litigation and arbitration where they would not otherwise have had the resources to protect their rights under a contract.

That paradigm is changing: users of TPF now include parties with significant means who view TPF as a financing tool or, in some circumstances, as an opportunity to bring on board a party with substantial expertise in the tracing and recovery of assets, thereby adding value to the litigation or arbitration process.

Although TPF is gaining momentum for parties to litigation and arbitration in jurisdictions such as England & Wales, Australia, the United States, and various EU States, it is yet to find a solid footing in Singapore and Hong Kong.

Origen:
Third-Party Funding For International Arbitration In Singapore And Hong Kong – A Race To The Top? | Conventus Law

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