Professor Catherine Rogers and Professor William W. Park
The Third-Party Funding Taskforce will systematically study and make recommendations regarding the procedures, ethics, and related policy issues relating to third-party funding in international arbitration. The Task Force is comprised of representatives drawn from among all relevant stakeholders and interested members of ICCA. Its work will be presented in a series of White Papers and a number of public colloquia to be hosted at Queen Mary’s Centre for Commercial Law Studies, London.
The Third-Party Funding Task Force met at Queen Mary, University of London, in February 2014 and again in Miami in April 2014.
by Stavros Brekoulakis, Task Force Rapporteur
The ICCA-Queen Mary Task Force on Third-Party Funding in International Arbitration convened its second meeting on 6 April 2014 in Miami. At the meeting, the Task Force identified a number of action items concerning important TPF issues. Among the topics designated for action by the Task Force are development of disclosure standards for TPF, and a special initiative to explore the impact of TPF in investment arbitration. The Task Force is also working to develop guidelines on security for costs and costs allocations in arbitration involving TPF arrangements, as well as producing best practices guidelines for funders. These and other topics were presented to and discussed with interested ICCA members at a luncheon on 8 April 2014.
Discussion papers will be published as they become available.