Green Light to Third-Party Funding of Arbitration Brings HK Toe-To-Toe With Singapore
BY Elizabeth Beattie |
In December last year, after a lengthy period of uncertainty, the Hong Kong Department of Justice issued guidelines around third-party funding of arbitration, setting 1 February as the date for supporting laws to be implemented. For those aware of the growing opportunities in Hong Kong, the news, although expected, came as a relief.