News 14 Sep. 2015

ABA's Seventh Annual Conference on the Resolution of CIS-Related Business Disputes

International Arbitration Partner, Peter M. Wolrich, will speak at the ABA's Seventh Annual Conference on the Resolution of CIS-Related Business Disputes to be held at The Ritz Carlton Moscow on Friday, September 18, 2015. The panel session will cover the topic of Third Party Funding of Litigation and Arbitration Costs, which discussion will incorporate following:

- An introduction to the main methods of litigation funding: third party litigation funding, law firm contingency fees and after the event insurance;
- When is litigation funding available and which types of claims are most suited to litigation funding;
- An example of how litigation funding work in practice;
- The role of the professional third party litigation funder: control, settlement, withdrawal and other issues to watch for;
- The potential impact of public policy on the ability to enforce a judgment or award assisted by litigation funding;
- Potential problems and issues regarding third party funding;
- Innovative forms of litigation funding: monetizing judgments or awards, portfolio funding, WIP funding and more; and
- Strategic issues affecting parties to funded litigation including the effect on settlement dynamics and accounting benefits.