Arbitration Reforms in India - The Case for Third Party Funding of Arbitral Claims
Article from: TDM 2 (2018), in India
Third Party Funding of arbitral claims has witnessed a phenomenal interest in recent times, especially because of the increase in volume and variety of participants and stakeholders, presenting reasons for cautious excitement and a few concerns about regulation of such diversity. The presence of an external party allowed a perception that arbitral proceedings may be viewed as an investment portfolio feature. Ensuring increased access to justice for claimants and possibly, to respondents with counter-claim, the mechanism, nevertheless, raises pertinent concerns with regard to ...