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The use of third-party funding is increasingly becoming a common phenomenon in Asia and often viewed as an effective risk diversification tool to participants of the arbitral process. In addition to specialised third party funders, insurance companies, investment banks, hedge funds and law firms have entered the market of funding litigation.
Third party funding, or "litigation finance" as it is commonly referred to, is being used for a broader range of purposes. Ushan Premaratne, Anita Natalia and Ben Bury looked at the position in Singapore, Hong Kong and Malaysia and debunked some myths about a third party funder’s role and influence over the arbitral process.
The webinar was 45 minutes long, followed by 15 minutes of Q&A.
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