Third-Party Funding in International Arbitration, Second Edition
Lisa Bench Nieuwveld & Victoria Shannon Sahani, Third-Party Funding in International Arbitration, Second Edition (Wolters Kluwer: 2017)
Posted: 3 Oct 2017 Last revised: 29 Oct 2017
Date Written: October 1, 2017
This second edition expertly reveals the nuances of third-party funding in international arbitration, examines the phenomenon in key jurisdictions, and provides a reliable resource for users and potential users who may wish to tap into and make use of this distinctive funding tool. Since the first edition of this invaluable book in 2012, third-party funding has become more mainstream in international arbitration practice. The second edition includes discussion of recent institutional developments as they relate to third-party funding, including the work of the ICCA-Queen Mary Task Force on third-party funding and how third-party funding is being incorporated into arbitral rules and investment treaties. This updated book is well written and covers an interesting, topical, and previously unexplored aspect of international arbitration, and it concludes with observations regarding third-party funding in international investment arbitration and predictions regarding the future of the third-party funding industry worldwide.
Keywords: international arbitration, third-party funding, litigation funding, costs
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