R&T Asia (Thailand) has contributed the Thailand chapter of Lexology’s Getting The Deal Through series on Litigation Funding.
Third-party litigation funding has become increasingly popular in recent years. It involves the funding of a claimant’s legal proceedings (which may extend to arbitration as well as litigation) by a third party in exchange for a share of the award if the claim is successful. If the claim fails, the claimant is not liable to reimburse the third-party’s costs, essentially transferring the costs risks of the litigation to the third-party.
The Thailand chapter provides an overview of litigation funding in Thailand, covering aspects such as its regulation, conditional fees and other funding options, and costs and insurance, among others.
To read the full chapter, please click here.
