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Arbitration / ADR / Mediation
Third Party Funding in International Arbitration Dossier X of the ICC Institute of World Business Law The last decade has seen an exponential growth in international commercial and investment arbitration. Yet, arbitration proceedings can be very costly. Is third-party funding a viable solution? Although Continental countries continue to regard third party funding with suspicion, Anglo-Saxon countries have embraced this solution and already gained experience in the field. This publication analyzes some of the legal issues raised by such funding and the reactions it may arouse amongst international arbitration practitioners. To give you a complete picture of the challenges and opportunities of thirdparty funding, this vital reference for any practitioner and academic includes points of view of financiers, funders, arbitrators and counsel.