Arbitrator justified in making losing party pay £2m cost of third-party funding, High Court rules – Litigation Futures

Posted October 6th, 2016 in arbitration, costs, international courts, news, third parties by tracey

‘A defendant whose conduct forced the claimant to seek third-party funding to take its case to arbitration has to pay the £2m owed to the funder following the claim’s success, the High Court has ruled.’

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Litigation Futures, 3rd October 2016

Source: www.litigationfutures.com