Fighting fund: Can third-party financing tip the scales for litigation

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Request by Italy for Annulment of ICSID Award

Italy is seeking to annul a €190 million ICSID award obtained by Rockhopper Exploration in litigation backed by Harbour Litigation Funding. The funding agreement does not cover any costs arising past the date of the award (23 August 2022), and Rockhopper is currently considering funding possibilities to fund both fighting the annulment and enforcing the award if required.

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