Dispute resolution funding: How, what and why
By Rosemary Ioannou
Knowledge and experience of dispute resolution funding by insolvency practitioners and insolvency lawyers across the globe has grown exponentially in recent years. There is now a general acceptance of the benefits of funding for the right claims. This is particularly the case in the context of insolvency, where valuable claims can often form a substantial part of the insolvent estate but there are no funds to pursue them and the creditors are reluctant to contribute to the costs.
This article sets out the key considerations for professional funders when assessing claims for funding and provides examples of innovative funding arrangements that are particularly relevant in an insolvency context.
Rosemary's article first appeared in INSOL World, 4th Quarter 2016 (Focus: Africa & Offshore).
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