Open Access. Powered by Scholars. Published by Universities.®
Brooklyn Journal of International Law
International arbitration; third-party funding; litigation finance; champerty; maintenance; cross-border disputes; investor-state dispute settlement; international; investment
Articles 1 - 1 of 1
Full-Text Articles in Law
Third-Party Funding: The Road To Compatibility In International Arbitration, Vienna Messina
Third-Party Funding: The Road To Compatibility In International Arbitration, Vienna Messina
Brooklyn Journal of International Law
Third-party funding in global commerce and dispute resolution has gained considerable traction in the last few decades. The rise in complex international arbitration cases has encouraged a demand for third-party funding arrangements since the disputes involve large amounts of money in addition to high legal costs. This Note explores the implications of third-party funding on the practice of international arbitration, particularly with the expansion of arbitral institutions’ doctrinal rules to address the use of third-party funding. Much of the pre-existing research and literature highlights the issues that third-party funding poses in international arbitration proceedings, but fails to consider a broader, …