This article is part of the "International Arbitration Perspectives" series.
After more than a decade of expansion, from an almost unknown asset class to a US$20 billion industry, third-party funding experienced a turbulent 2025. Key names in the sector are re-evaluating their business models and going through increased consolidation.1 A major funder is also the target of a civil fraud suit in the Jersey courts, over allegations that it conspired with arbitration lawyers to procure a US$15 bill...
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