Hourly fees for lawyers are the norm in Hong Kong. Regardless of the outcome of the case, clients usually pay for the time that lawyers spend working on their matters. On 30 June 2022, the government gazetted the Arbitration and Legal Practitioners Legislation...
Third Party Funding
Third Party Funding in Singapore Extended to Domestic Arbitration and International Commercial Court Cases
The Singapore Ministry of Law confirmed on Monday (21 June) the extension of rules allowing third party funding in Singapore to matters beyond simply those involving international arbitration and related mediation. From 28 June 2021, third party funding will also now...
Tipping point: considering the impacts of litigation funding in Australia
There is a role for litigation funding in Australia – provided it doesn’t tamper with the scales of justice. The question is whether Australia’s funding, class actions and securities regimes have, in combination, become unbalanced. It is in the securities space that...