Court rejects challenge over third party arbitration funding costs

Chris Dryland and Michael Fenn of Pinsent Masons share the highlights learned from the High Court in London that rejected a challenge over third party arbitration funding costs. The court’s decision provided useful guidance by ruling that all it needs to consider, to determine if third party funding is reasonable, is whether recourse to third party funding was reasonable in the circumstances, and not whether other sources of funding were available. Read more.