W Limited v. M Sdn Bhd arose from a London Court of International Arbitration proceeding where, shortly after Mr. Haigh's appointment, the parent company of
the claimant in the arbitration acquired a company that was a client of Mr. Haigh's law firm.
It is interesting that, in finding no such reasonable doubt in this case, the court relied heavily on an affidavit submitted by Mr. Haigh describing his relationship with the firm, and the ongoing conflict checks he conducted which did not disclose the relationship between the firm's client and
the claimant in the arbitration.
Not so according to Jamie Curle: «Essar confirms the growing relevance of third party funding to
claimants in arbitration and its inexorable march into the mainstream.
Represented
the claimant in an arbitration concerning a high profile scandal involving futures trading in the oil reserves of an African state.
Represented the respondent / counter
claimant in an arbitration concerning the engineering and construction of an LNG plant in the Yemen.
Represented
the claimant in an arbitration arising out of an LME contract for the sale of iron ore (FOB Mumbai), being the only known case in which commercial arbitrators were required by the English High Court to accept jurisdiction over defamation claims.
Not exact matches
For example,
in the IP Busta
arbitration the
claimants were UK citizens who had formed a joint venture with a Czech company, and the latter had moved (or stolen) certain goods owned by the
claimants, which the local police later seized and returned to Messrs. Busta.
Sole presiding arbitrator
in a maritime dispute with a Nicaraguan
claimant and Bahamian Respondent, applying general United States maritime law, and with the seat of
arbitration in Nicaragua.
Courts have consistently confirmed this
in relation to article V (1)(c).837 For example, the United States Court of Appeals for the Fifth Circuit denied a party's attempt to raise a challenge under article V (1)(c) to oppose an order compelling
arbitration, that is, before the arbitral proceedings had even taken place.838 The court noted that the provision could only be invoked by a party opposing enforcement of an award, which was not possible
in circumstances where no award had been issued, and also unlikely where the party raising the challenge was the
claimant in the would - be
arbitration, and thus not the party who would be
in a position to challenge any resulting arbitral award absent any counterclaims.839
The arbitrator was highly critical of the conduct of the Respondent
in the
arbitration, stating that the
Claimant was at a clear financial disadvantage and was faced with no alternative but to seek third party funding because the Respondent:
Following an
arbitration in respect of a repudiatory breach of an operations management agreement, the Respondent
in the
arbitration was found liable to the
Claimant for around US$ 12 million
in total (including costs).
Represented the French subsidiary of a Norwegian company,
claimant in an ICC
arbitration relating to the construction of oil platforms
-- ICC Commodities
Arbitration: Sole counsel for the respondent
in London
arbitration concerned with gold trading and quantification of damages for breach of a major supply contract and involving extensive cross-examination of the
claimant's witnesses.
Summary: The respondent
in the
arbitration challenged a separate award on costs,
in which the arbitral tribunal had ordered the respondent to reimburse the
claimant for the respondent's part of...
Telekom Malaysia as
claimant in a UNCITRAL
arbitration against the Government of Ghana for improper regulatory interference with and expropriation of Telekom's investments
in Ghana, and related domestic Ghanaian court proceedings.
He was appointed by the British Government
in 2004 to the list of Arbitrators under the ICSID Convention, and is currently sitting or has recently sat
in five ICSID
arbitrations as Chairman * and seven as Party - appointed Arbitrator ** (both
claimant and host State), and
in five ICSID annulment proceedings ***, as well as
in arbitrations under the ICC, PCA, Stockholm Arbitration Institute and LCIA (sole arbitrator), and ad hoc.
It would result
in the
claimant having won an expensive
arbitration, and the same left with only a paper award.
Given their established reputation as leading Counsel
in public international law, members of 11KBW are regularly instructed to act for and advise both
claimants and respondents
in State - State and investor - State
arbitrations.
Arbitration — Claim
in arbitration rejected and costs awarded against
claimant — Appeal against
arbitration award for serious irregularity — Application by defendant for security for the costs of the application and security for the costs award — Effect of claim being funded by litigation funders —
Arbitration Act 1996, sections 68 (2)(d), 70 (5) and 70 (6).
Instead, the Arbitrator issued an offset award
in favor of LTL's client and ordered the
Claimant to pay all
arbitration expenses.
The
claimant later brought an
arbitration proceeding
in which she sought increased amounts of attendant care and med / rehab benefits following her catastrophic designation.
Counsel for
claimant in UNCITRAL
arbitration case no.
Co-Counsel for
claimant in ICC
arbitration case no. 14793 / JHN involving exit provisions
in a joint venture
Counsel for
claimant in ICC
arbitration case no. 16199 / GZ involving scope of bank guarantees and state aid exemptions
Represented the
claimant in a multi-party
arbitration between an independent oil and gas company and its JOA partners concerning participation
in an offshore India gas field.
She is also currently acting (with Toby Landau QC) for a
claimant investor
in an ICSID
arbitration which involves issues of freedom of expression and expropriation (Al - Jazeera v Egypt).
Co-Counsel for
claimant in ICSID
arbitration case no.
Representing the
claimant in an ICC
arbitration between two of the largest telecoms operators
in India concerning access to a subsea fibre optic cable stretching from the UK via the Middle East, India and South East Asia to Japan.
The
claimant was ordered to pay
arbitration expenses
in an offset award.
Although initially unsuccessful on the preliminary issue hearing, James successfully argued on appeal that the insurer has a right to challenge a catastrophic designation
in response to an
arbitration brought by a
claimant.
The A: Chris was instructed on behalf of the
Claimant charterers and bill of lading holders
in this unseaworthiness
arbitration in which the tribunal issued an interim award
in Chris client's favour
in relation to the question of incorporation of the Hague Rules into the charterparty.
H&W maintained their objection, pointing out that the
claimant was unfamiliar with the English legal system and the nature of barristers» chambers — they pointed to the fact that participants
in ICSID
arbitrations were from all over the world.
Can third party funding
in arbitration diminish the menace of the unfunded
claimant, asks James Clanchy
Perhaps the best examples of this section of the market come from the world of
in bilateral investment treaty
arbitration where
claimants are almost invariably «Davids» because «Goliath» (the respondent state) has expropriated their assets.
In a decision recently posted on the Swedish
Arbitration Portal, the Svea Court of Appeal upheld an award dismissing an
arbitration after the
claimant failed to pay additional advances on costs.
The
Claimants are
claimants in a continuing
arbitration against the KRG, which is represented
in the
arbitration by the Minister of Natural Resources of the Government of Iraq, with the London office of the international law firm Wilmer Cutler, Pickering, Hale and Dorr instructed with a team of English Counsel.
With respect to class action waivers
in arbitration clauses, recall that
in 2010 the South Carolina Supreme Court invalidated a provision
in an
arbitration agreement requiring purchasers to waive their right to participate
in a «class action or multi-plaintiff or
claimant action
in court or through
arbitration.»
It will enable
claimants to fund the costs of various legal disputes which could include disputes with joint venture partners or with governments, both via litigation
in the courts or international
arbitration.
Sean is regularly instructed by various Governments and by
claimants in international
arbitration.
* When applying the SCC Rules, the
Claimant is also required to appoint an arbitrator
in addition to submitting the request for
arbitration.
Up until now, most litigation funding opportunities have arisen
in the huge litigation and
arbitration markets serving the needs of small to medium sized
claimant enterprises that have contractual and other disputes with much larger entities.
In connection to the confirmation of receipt of the request for
arbitration, the SCC may, if applicable, ask for further details from the
Claimant.
The
claimant may elect to treat its notice of
arbitration referred to
in article 3 as a statement of claim, provided that the notice of
arbitration also complies with the requirements of paragraphs 2 to 4 of this article.
The response to the notice of
arbitration may also include: (a) Any plea that an arbitral tribunal to be constituted under these Rules lacks jurisdiction; (b) A proposal for the appointment of a sole arbitrator referred to
in article 8, paragraph 1; (c) Notification of the designation of an arbitrator referred to
in articles 9 or 10; (d) A brief description of counterclaims or claims for the purpose of a set - off, if any, including where relevant, an indication of the amounts involved, and the relief or remedy sought; (e) A notice of
arbitration in accordance with article 3
in case the respondent formulates a claim against a party to the
arbitration agreement other than the
claimant.
This has involved acting for clients both
in a defendant and
claimant capacity
in litigation,
arbitration, mediation and adjudication.
The litigation funding industry has established and paid for its own regulation and defined best practice, protecting
claimants who seek the rational management of financial risk
in litigation and
arbitration.
The European Court of Justice (ECJ) issued a judgment on important jurisdictional matters for cartel follow on cases; while it is being criticised for what it says (or does not say) about the applicability of
arbitration clauses, its real practical meaning may lie
in the
claimant - friendly and clear decision that cartel victims can sue cartelists
in the court of the cartel victim's domicile.
Christian Stuerwald and Mick Smith provide brief comments on an interesting case recently decided by the High Court,
in which the High Court confirmed an
arbitration tribunal's decision that the success fee a
claimant pays to his litigation funder is recoverable from the losing defendant
in certain circumstances.
An ongoing
arbitration in which a
claimant seeking payment for 2 cargoes from Iran.
With these solutions, we take on the costs and risks burden of a litigation or
arbitration, often
in liaison with highly skilled
claimant law firms.