Third Party Funding in International Arbitration

Third party funding (TPF), where specialist companies help finance a client''s legal fees in exchange for a share of the final award, is becoming increasingly prevalent in international arbitration. This work provides a comprehensive practitioner guide to the law and practice of international arbitration where third party funding is involved, with detailed reference to existing cases, procedural orders, and final awards. <br><br>The book is comprised of five parts, together covering the life cycle of a funder''s involvement in an arbitration: background, case assessment, key terms of the funding agreement, the conduct of the arbitration, and the award. The authors include references to relevant landmark decisions of national courts addressing third-party funding issues in arbitrations, and an appendix provides a list of all known funded investor-state cases, with comprehensive details about the identity of the funder, the dispute, the duration, the cost, and the result.<br><br>As the discussion of TPF in arbitration continues to be of vital importance in the field, it is imperative that all international arbitration practitioners have access to a balanced, multi-faceted view of the practice and its issues. This book provides much-needed guidance suitable for all practioners and students.