Litigation Funding: New Rules for International Commercial Arbitration in Ireland; Ban on third-party funding of lawsuits may be lifted
Change is on the horizon in Ireland, as the Courts and Civil Law (Miscellaneous Provisions) Act 2023, which is not yet in operation, is set to provide a statutory exception to the ban on litigation funding in the context of commercial arbitration. Read more.
Meanwhile, the country’s ban on third-party funding of lawsuits may also soon be lifted, as the Law Reform Commission has published a consultation paper and invited submissions on the ban. Read more.