By Megan Betts and Evanthia Kasiora (Squire Patton Boggs)
The COVID-19 pandemic has already created market volatility and adversely affected the financial position of companies and individuals around the world. This post explores two main ideas: (1) whether the pandemic is likely to result in an upturn in recourse to third party funding arrangements; and (2) whether arbitrating parties should anticipate increased exposure to applications for security for costs in international commercial arbitrations.
Continue reading The Impact of the COVID-19 Pandemic on Third Party Funding and Security for Costs in International Commercial Arbitration