No Recovery, No Problem? The Singapore International Commercial Court on the Recoverability of Third-Party Funding Costs

Rohit Akundi shares that the Singapore International Commercial Court has upheld an arbitral tribunal’s refusal to award roughly US$14.6 million in third-party funding costs to successful claimants who recovered US$14.7 million, ruling that non-recovery of funding costs does not offend Singapore public policy and reinforcing that funders cannot assume their returns will be shifted to the losing party.

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