Third-Party Funding: Is Funding of Commercial Litigation Permissible in Singapore?
It is a commonly held view that third-party funding in Singapore is only permissible in international arbitration and insolvency cases. However, a close reading of Singapore case law suggests that public policy allows funding of commercial litigation as well. 2017 marked
Third-Party Funding – Taking Stock
Third-party funding is commonly acknowledged to have started in Australia, from where it spread to United Kingdom, the United States and parts of Europe. Yet, the external financing of disputes remained on the fringe of the dispute eco-system and seldom
Mitigating the Risks of Subrogated Claims by Insurers
International Arbitration and Third-Party Portfolio Financing Picture this: you are a trade credit insurer with multiple claims from policy holders. What are some relevant factors that may help you reduce the risk of pursuing subrogated actions instead of passing on losses
Three “Pitfalls” for the Unwary: Third-Party Funding in Asia
For some time, practitioners would have seen news alerts headlining that third-party funding is permitted in Singapore and Hong Kong for arbitration and arbitration-related court proceedings. Digging a little deeper beyond the shiny new labels, this article highlights three practical