“Saving arbitration from arbitration costs”. Is Third Party Funding the answer?
Payal Chawla and Aastha Bhardwaj Originally appeared in Bar & Bench, 19.12.2017 As arbitrations enhance in India, so will arbitration claims and their quantum. There will be a consequent rise in arbitration costs, be it legal fees, arbitrators’ fees, security on costs, and/or costs payable by the unsuccessful party. Arbitral costs can be exorbitant, and…