Hong Kong's long-awaited legislation permitting third parties to fund arbitrations and related proceedings takes effect today. As heralded in our earlier posts, this is a widely welcomed development in one of the world's leading arbitral seats, and is expected to generate considerable activity.
If you have questions on the new law, funders' Code of Practice, or third party funding generally, please contact Justin D'Agostino, Simon Chapman, Briana Young, or your usual Herbert Smith Freehills contact.
