Mixed-Mode Dispute Resolution and Third-Party Funding
- Date 15 July 2020
- Time 09:00 - 11:00
More about event
What is Mixed-Mode Dispute Resolution and Third-Party Funding?
In the past commercial dispute settlement has mainly been adversarial, followed by arbitration or litigation. However, nowadays mediation and other settlement oriented intervention strategies have emerged and could be part of the dispute resolution. Mixed-mode approaches involve the interplay between mediation, evaluation, and arbitration, and are increasingly employed by ADR users for international commercial dispute resolution.
Third-party funding is a non-recourse capital advance in exchange for a portion of the anticipated recovery. The principle of the funding is “no win, no fee”. This means that if the funded party loses the arbitration or litigation, no fees or expenses need to be paid nor does the principal amount have to be repaid to the funder.
During this webinar, you will learn more about both.