King & Wood Mallesons provide a practical overview of the use of third party funding in belt and road initiative disputes, focussing on the seats of arbitration which have been regularly chosen in project documentation – Hong Kong, China, Singapore and England. The authors provide practical takeaways on what a BRI party should consider when thinking of using third party funding, dealing with (i) mitigating the risks of a dispute; (ii) screening out of unmeritorious claims; (iii) promoting more efficient dispute resolution; and (iv) practical tips for using third party funding including picking the right funder for the dispute; preparation of the claim; awareness of potential risks, etc.
About Phillip Rompotis
Phillip practices as a barrister and arbitrator in Hong Kong. He has over 25 years’ litigation and arbitration experience in commercial disputes relating to construction & engineering, financial services, joint venture & shareholders agreements, technology, trusts, property and landlord & tenant. He is a Fellow of the Chartered Institute of Arbitrators, the Singapore Institute of Arbitrators, the Malaysian Institute of Arbitrators, and a member of various lists/panels of arbitrators.View