International arbitration provides a time-tested forum to resolve contractual disputes between entities in different countries. But not all law firms have the means to enter this lucrative practice arena, and even firms with more than adequate capital may prefer to direct their liquid assets elsewhere.
That’s where litigation funding comes in.
International arbitration litigation funding has long provided strong financial underpinnings for commercial and governmental entities alike in international arbitration proceedings around the globe. Disputes in venues like London, Paris, New York, and others are often backed on one or both sides by litigation funding partners.
In our global economy, businesses must act quickly to take advantage of windows of opportunity. Contracts must sometimes be drafted quickly, and established relationships may not be available when needed. These uncertain circumstances create fertile ground for conflicts.
International arbitration is particularly well-suited to resolve disputes that arise out of these uncertainties. When an international contract includes an arbitration clause in countries that honor the New York Convention, the benefits are many:
Importantly, courts in these countries will issue a stay of litigation to allow the parties to receive the benefits of an international arbitration clause.
However, despite the advantages of this method of alternative dispute resolution for parties to a dispute, the international arbitration process can be costly for law firms working in this area.
Resolving complex legal matters through legal proceedings is often expensive, and international arbitration is no exception. A law firm representing a client in an international arbitration commonly faces many costs during the pendency of the proceeding, including administrative and filing fees, expert witness fees, information technology purchase and use, and travel, all in addition to personnel costs and other overhead. These burdens can create challenges in allocating law firm financial resources.
Litigation funding has served as a strong financial resource in international legal matters for decades, helping to alleviate financial burdens like those above while allowing counsel to achieve other important goals, as well:
Litigation funding provides an alternative means to finance international arbitration, and it carries many benefits not offered by traditional funding mechanisms.
Perhaps the most significant benefit of litigation funding in the realm of international arbitration is that it is non-recourse, so it is risk-free to firms that use it.
Capital secured through this method is collateralized only by strong legal cases or matters chosen by the firm. If collateralized matters are unsuccessful, no repayment is required.
During the due diligence process, litigation funding companies usually consider a wide range of factors like these:
When working with Pravati Capital as your litigation funding provider, you need not worry about relinquishing control over your legal matters. We have a strong history of helping law firms prevail in international arbitration matters by providing only the financial support they need. We leave the lawyering to you.
International arbitration provides a time-tested forum to resolve contractual disputes between entities in different countries. But not all law firms have the means to enter this lucrative practice arena, and even firms with more than adequate capital may prefer to direct their liquid assets elsewhere.
That’s where litigation funding comes in.
International arbitration litigation funding has long provided strong financial underpinnings for commercial and governmental entities alike in international arbitration proceedings around the globe. Disputes in venues like London, Paris, New York, and others are often backed on one or both sides by litigation funding partners.
In our global economy, businesses must act quickly to take advantage of windows of opportunity. Contracts must sometimes be drafted quickly, and established relationships may not be available when needed. These uncertain circumstances create fertile ground for conflicts.
International arbitration is particularly well-suited to resolve disputes that arise out of these uncertainties. When an international contract includes an arbitration clause in countries that honor the New York Convention, the benefits are many:
Importantly, courts in these countries will issue a stay of litigation to allow the parties to receive the benefits of an international arbitration clause.
However, despite the advantages of this method of alternative dispute resolution for parties to a dispute, the international arbitration process can be costly for law firms working in this area.
Resolving complex legal matters through legal proceedings is often expensive, and international arbitration is no exception. A law firm representing a client in an international arbitration commonly faces many costs during the pendency of the proceeding, including administrative and filing fees, expert witness fees, information technology purchase and use, and travel, all in addition to personnel costs and other overhead. These burdens can create challenges in allocating law firm financial resources.
Litigation funding has served as a strong financial resource in international legal matters for decades, helping to alleviate financial burdens like those above while allowing counsel to achieve other important goals, as well:
Litigation funding provides an alternative means to finance international arbitration, and it carries many benefits not offered by traditional funding mechanisms.
Perhaps the most significant benefit of litigation funding in the realm of international arbitration is that it is non-recourse, so it is risk-free to firms that use it.
Capital secured through this method is collateralized only by strong legal cases or matters chosen by the firm. If collateralized matters are unsuccessful, no repayment is required.
During the due diligence process, litigation funding companies usually consider a wide range of factors like these:
When working with Pravati Capital as your litigation funding provider, you need not worry about relinquishing control over your legal matters. We have a strong history of helping law firms prevail in international arbitration matters by providing only the financial support they need. We leave the lawyering to you. To learn more, contact us today by calling 844-772-8284 or by completing our online contact form.
