Although it has been met with some resistance, Third Party Funding has
become common practice in commercial arbitration due to the exponential growth
of international investment and commercial disputes. To discuss the issues and
techniques of such funding, the ICC Institute of World Business Law will be
gathering some of the world’s leading legal and business experts at its Annual
Meeting, entitled “Third Party Funding in International Arbitration”.
“Arbitration proceedings can be prohibitively expensive and the issues
of funding them by third parties has raised a number of sensitive questions
about accessibility,” said Bernardo M. Cremades,Founding
Partner, B. Cremades y Asociados, Spain, Council Member of the ICC Institute of
World Business Law and Co-Chair of this year’s meeting.
countries have embraced the solution, while Continental countries continue to regard
it with suspicion. This year’s meeting takes the opportunity to discuss the
reservations some countries have and the techniques that other countries have
already built up through their experience in this field,” Mr Cremades said.
one-day conference will discuss such topics as “The Decision to Invest in
Claims”, including ethical issues, “Confidentiality, Transparency and
Attorney-Client Privilege”, “The Role of Funders in the Proceedings”, “Third
Party Funding and Collateral Litigation”, among many others.
will be held in English and French, with simultaneous translation.
“For over 30 years, the ICC Institute of World Business Law has been
drawing together the finest legal minds to strengthen links between
international business practitioners and the legal profession,“ said Antonias Dimolitsa, Founding Partner, A. Dimolitsa & Associates, Greece,
Vice-Chair of the ICC Institute of World Business Law and Meeting Co-Chair. “This year’s annual meeting
is an occasion to see the emergence of Third Party Funding practices develop in
international arbitration in a way that is compatible with the basic principles
that ensure all participants’ rights and the integrity of the arbitral process.”
Professionals involved in international trade and dispute resolution,
including lawyers, arbitrators, magistrates, academics and corporate counsel,
are all invited to attend.
The proceedings of this year’s conference will also, in principle, be published
in the “Dossiers of the Institute” series, copies of which will be sent to all those who register for
An Early Bird special rate is available until 14 September, register here.
Download 32nd Annual Meeting Programme.