Third Party Funding Of Belt & Road Disputes

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.