Home Costs

Costs

District Court enforces interim award for reimbursement of costs of arbitration

0
Trajkovski Invest AB v. I.Am.Plus Electronics, Inc., No. 2:20-cv-00152-ODW (C.D. Cal. May 7, 2020) . Petitioners, a collection of Swedish technology start-up entrepreneurs owning shares...

U.S.: District court grants petition to confirm foreign arbitral award and awards attorneys’ fees.

0
Eolica Tres Mesas, S. de R.L. de C.V. v. Abengoa Mexico S.A. de C.V., No. 1:18-cv-07505 (S.D.N.Y. Feb. 28, 2019) In June 2014, Eolica...

Arbitration in Hong Kong – third party funding takes effect

0
The Hong Kong Government has just announced that the provisions permitting third party funding in arbitrations will operate from February 1, 2019. It has...

Why Third Party Funding is on the rise in England & Wales

0
Third party funding is a relatively new phenomenon in the UK; historically it had been viewed by the Courts as unethical and contrary to...

Litigation Funding in Switzerland

0
Litigation funding, sometimes called third-party funding or litigation finance, is becoming increasingly popular in Switzerland these days. One major force behind this trend is...

Security for costs – Renunciation of the standards set up in “RSM v. Saint...

0
Can a tribunal order an impecunious claimant to pay security for costs? This is an often debated topic both in commercial and in investment...

Hong Kong Passes Law to Allow Third Party Funding for Arbitration and Related Proceedings

0
Recent developments On 23 June 2017, the landmark Arbitration and Mediation Legislation (Third Party Funding) (Amendment) Ordinance 2017 ("Amendment Ordinance") was published in the Government...

Impecunious Claimant – Does the impecuniosity warrant that the respondent pays the full advance...

0
On 11 January 2017, the arbitral tribunal in the investor-state arbitration between a French-Mauritian businessman (the “Claimant”) and the Republic of Mauritius (“Mauritius”) ...

Update: Singapore Allows Third Party Funding for International Arbitration

0
Key Points On 6 January 2017, we informed that the Singapore Parliament would be looking to pass legislative amendments to introduce a legal framework...

Singapore Expected to Allow Third Party Funding for International Arbitration in Early 2017

0
Recent Developments In mid-2016, the Singapore Ministry of Law conducted a public consultation on legislative amendments to introduce a legal framework for third party funding...