A new chapter – “Arbitration Funding in Singapore” – co-authored by Robert Rothkopf of Balance Legal Capital, has been added to the second edition of the seminal text book – “Singapore International Arbitration: Law & Practice”, published in June 2018 by LexisNexis.
As reported by Chambers and Partners, market sources described Balance as an “energetic” funder, “a market disrupter” in the litigation funding industry, gaining a reputation as being “up and coming, and hungry”.
‘Representative’, ‘class’ or “group” actions allow collective redress in civil litigation in England & Wales, Australia and the United States. However, there are critical differences between the rules that govern such actions in these jurisdictions, not only in relation to the procedural hurdles but also regarding the role of litigation funding.
Third-party funding remains in the spotlight in international arbitration and will come under renewed scrutiny following publication of the draft report of the task force established in 2013 jointly by ICCA and Queen Mary University of London. The report is available for public comment until 31 October 2017.
Balance Legal Capital has become a Funder Member of the Association of Litigation Funders (ALF), the independent body authorised by the Ministry of Justice to deliver self-regulation of litigation funding in England and Wales.
Leading international law firm, Eversheds Sutherland, has appointed Balance Legal Capital to its litigation funding panel, following a selection process led by Paul Worth, Evershed’s Litigation Practice Group Head.