Day 13 of Signature’s Slide Show series – Must third party funding be disclosed?

By Signature Litigation
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Signature Litigation

The answer is yes for arbitration proceedings under the 2021 ICC rules.

The purpose of this amendment is to avoid potential conflicts of interest being unnoticed.

Preserving the integrity of the arbitral award is obviously an essential preoccupation of third party funders but it remains to be seen whether they will approve of this amendment.

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