Third Party Funding of Investment Arbitration
26 Pages Posted: 4 Oct 2021 Last revised: 4 Nov 2021
Date Written: June 24, 2021
This Essay discusses Third-Party Funding in Investment Arbitration. It describes the rise of third-party funding of investment arbitration; the debate over the definition of litigation/arbitration finance; the forms arbitration finance takes; the normative debate in favor and against third-party funding of investment arbitration; the effects of arbitration funding on the arbitral process; developments in national, international, and soft law governing investment arbitration funding; and the likely effects of third-party funding on the international bar.
Keywords: international investment arbitration, international commercial arbitration, third-party funding, ISDS, ICSID, BIT, Bilateral investment treaties, international investment law
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