International Law and Immigration
Ca. Int'l Law Journal 2019, VOL. 27, NO. 1
Content
- Welcome From the Journal's Editor-in-chief
- The International Law Section of the California Lawyers Association
- Interview With Alexandra Darraby Ils Co-chair & Author of Darraby On Art, Artifact, Architecture & Museum Law
- The Wto At a Crossroads
- International Law Section Executive Committee 2018-2019
- Third-party Funding In International Arbitration
- Mexico's New Anti-corruption Laws
- Letter From the International Law Section Co-chairs
- The Echo of American Fair Use and Its Boundaries In the European Union and Italy: a Comparative Analysis In the Wake of the Fox News Victory Over Tveyes
- The California International Law Journal Editorial Team
- Immigrant Investors and Cannabis Business Opportunities In the United States
- International Law Section To Enter Into New Friendship Agreement and Hold Multi-bar Delegate Law Conference In Prague With Czech Bar Association
- The California International Law Journal
THIRD-PARTY FUNDING IN INTERNATIONAL ARBITRATION
Sean P. Galliher*
I. INTRODUCTION
Third-party funding of legal actions has been around, in one form or another, for years. Such funding has been particularly effective in financing litigation in the United States. Third-party funding is also increasingly popular in international arbitration, largely as a result of the broadening scope and therefore cost of arbitration. Arbitral institutions are now grappling with the financial complexities inherent in third-party funding and the impact of such funding on international arbitration. Legislation, rules, case law, and regulations are being revisited in light of the issues presented by third-party funding. After discussing the nature and types of funding currently being used in international arbitration, this article will evaluate the current state of international litigation funding mechanisms, assess the impact these funding mechanisms have on international arbitration, and discuss the financial future of international arbitration.