Tag Archives: thirds party funding
Recovering TPF Costs in Arbitrations: The Current Approach
January 12, 2022 Commercial, Premium, Regulatory Issues

Five years ago, Essar vs Norscot brought about a landmark decision. The English High Court upheld a ruling requiring that the defendant cover the claimant’s costs associated with legal funding in the arbitration. Now it appears that arbitral tribunals are increasingly likely to award costs associated with procuring third-party legal funding….