The Working Group of the IALF convened its first meeting and commenced its work on drawing up the initial instruments of the IALF. In this first meeting, the Working Group discussed several key agenda that would affect the future course of the organization. Through each agenda, the Working Group discussed how the IALF can have […]
Litigation finance set to become an effective tool for dispute resolution The need for litigation finance is on the rise due to increasing globalisation and the liberalisation of funding regimes across jurisdictions. With suitable conditions in the Indian market and support for litigation finance in the Indian law, third-party funders and service providers such as […]
Recognizing the ripe conditions in the Indian market as well as the support for it in Indian law, third-party funders and service providers like law firms, practitioners and arbitral institutions have come together to form the “Indian Association for Litigation Finance” (“IALF”). The IALF aims to be an association with a vision and mission to […]
Litigation finance is gaining increasing traction among India related international disputes. Recognizing the ripe conditions in the Indian market as well as the support for it in Indian law, third-party funders and service providers like law firms, practitioners and arbitral institutions have come together to form the “Indian Association for Litigation Finance” (“IALF”). The IALF aims to […]
On 11 February 2021, the Working Group of the Indian Association for Litigation Finance (“IALF”) convened virtually to sign the Founding Charter of the IALF and formally launch the organisation. The event also involved a panel discussion by the members of the Working Group on the topic of “Litigation Finance in India”. Over 944 participants […]
To ensure smooth growth in the Indian market and increase confidence among Indian consumers, Funders have come to-gether with institutions and legal service providers to form the ‘Indian Association for Litigation Finance’ (IALF) – a body that will self-regulate and promote knowledge about litigation finance in India. Funders such as Omni Bridgeway, Phoenix Advisers, Profile […]
According to the new concept, financiers pay legal fees and other costs of commercial lawsuits, arbitration or shareholder disputes, and in return, get a share of the award from a settlement or a win. By Abhilash Kumar Singh Over the last decade, the concept of litigation funding has gained ground as a result of greater […]
The IALF would be launched on January 7 with several players such as Omni Bridgeway and Phoenix Adviser The New Year is going to mark a new reform in the India’s legal industry with the launch of a dedicated self-regulatory body to fund the litigations in the country. The concept of litigation finance is not […]
