Third-Party Funding in Arbitration - India's Readiness in a Global Context
Article from: TDM 2 (2018), in India
[Addendum April 2018] With increasing cross-border transactions, resort to international commercial and investment arbitrations is on the rise. While these forms of dispute resolution ensure speedier results as opposed to claims languishing in domestic litigation systems for years (and often, for decades in India), the high operational costs of arbitration cannot be denied. In this context, third-party funding in international commercial and investment arbitrations is proving to be a boon for litigants. Dispute financing is allowing parties increased flexibility ...