Partner Alina Chia from the Commercial Litigation Practice contributed the following to the Global Practice Areas section of Practical Law Global (registration required to access the articles):
- Practice Note on “Third Party Litigation Funding: Overview (Singapore)
- Litigation Funding Options: A Quick Guide (Singapore)
- Litigation Funding Options – Quick Compare Chart
The Practice Note provides an overview of third-party funding in Singapore. It discusses among other things: (i) the risks and advantages associated with litigation funding; (ii) the legal and ethical constraints that might affect funding agreements; (iii) the issues relating to disclosure, confidentiality, and attorney-client privilege; (iv) the factors to consider when seeking funding; (v) the terms of funding agreements to consider; and (vi) the legal costs and expenses that third-party funders may cover. The Practice Note also highlights recent developments on third-party litigation funding in Singapore.
The Quick Guide provides a checklist highlighting differences among the various methods of funding that may be available to parties to a civil litigation in Singapore.
The Quick Compare Chart builds on the Practice Note and the Quick Guide to address questions on litigation funding such as (i) the commonly used methods of litigation funding in Singapore; and (ii) the legality and/or validity of certain conditional or contingency fee agreements in Singapore.
The articles are reproduced from Practical Law with the permission of the publishers. For further information, visit www.practicallaw.com.
