Introduction

If the use of third-party funding is relatively frequent in State court litigation, at least in certain jurisdictions, the same is, or perhaps was, not true in international arbitration, not to mention investment arbitration. Recently, however, third-party funding has attracted a lot of interest in the arbitration community. Various cases are reportedly funded by third parties, including investment arbitration cases. Third-party funding comes in various forms and shapes, and each of them potentially creates legal and practical issues. One of these issues is the potential impact ...