
Quarterly Focus: China embraces arbitration funding but less certain on litigation
Robert Li
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The world’s second largest economy continues to move forward regarding third-party arbitration funding, but concerns remain regarding litigation and the consistency of judicial interpretation in Mainland China, and the still-unrelaxed Hong Kong champerty rules.
The China International Economic and Trade Arbitration Commission (CIETAC) 2024 rules published in January were notable for their explicit provisions relating to third-party funding, in contrast with the previous 2015 version whi
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Author(s)
Robert Li
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Access to justice Arbitration Asia Australia Beijing Arbitration Commission Binding precedent Champerty Champerty and Maintenance China China International Economic and Trade Arbitration Commission CIETAC Civil law commercial arbitration Commercial litigation Common law Contingency fee arrangements Disclosure East Asia Germany Herbert Smith Freehills Herbert Smith Freehills Kewei Hong Kong IMF Bentham – Omni Bridgeway LCM Finance Litigation Capital Management Maintenance Netherlands Omni Bridgeway Pinsent Masons Quarterly Focus risk management Shanghai Arbitration Commission Third-Party Finance Third-party funding transparency United Kingdom United States
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