2022 GC Survey: How law firms & legal finance can help fuel success

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What the new ACICA Arbitration rules mean for legal finance in Australia

Matt Lee of Burford explains how the new ACICA Arbitration rules impact legal finance in Australia, including a rule that clients can now use funding to remove not only the downside cost of legal fees, expenses and adverse costs, but also third-party funding costs that would otherwise be paid out of any award in a successful case.

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Third-Party Funding: EU Parliament’s Proposals for Regulation and their Implications for Arbitration

Dr. Marc Veit and Robert Denison of LALIVE consider the impact of the EU Parliament’s proposals for regulation of third-party litigation funding on arbitration claims, concluding that the proposals would have a chilling effect not only on traditional third-party funding arrangements in both the litigation and arbitration contexts, but potentially even intra-group company funding arrangements, depending on their structure.

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