$1.4B Arbitration Windfall A Beacon For Private Funders

Law360, New York (May 5, 2016, 2:57 PM EDT) -- The heated debate over private funders entering into investor-state disputes by backing arbitration cases for a cut of an award will intensify following a recent $1.38 billion arbitration decision for a Canadian miner, one of the largest in recent years, experts say.

The legal conflict between Toronto-based Crystallex International Corp. and the Venezuelan government is far from over, but experts say the unanimous decision from a Washington, D.C.-based tribunal will likely draw more private investment into these risky disputes and buttress arguments from litigation funders that they have a legitimate role in helping press worthy claims against governments.

The successful arbitration...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!