New European Law Institute (ELI) project on third party funding of litigation
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Guest lecture International Commercial Courts Cyprus
Xandra Kramer gave a guest lecture on ‘International commercial courts: a game changer in international litigation?’ at the Neapolis University Pafos in Cyprus on 12 April 2024. She discussed the rise of international commercial courts in the Middle East and Europe, in the context of needs of international business, court specialisation and access to justice and in relation to international arbitration.
Focussing on key features of these courts she gave insights on the different courts, and in particular the Singapore and Netherlands Commercial Court. Highlighting some innovative features and the opportunities the Hague Judgments Convention of 2019 offers, she concluded that these courts have an effect on the international litigation market, but they have not triggered a huge shift from arbitration or other courts to these new business courts.
Published: July 15, 2022
Our Vici member Adriani Dori will participate in a new project under the auspices of the European Law Institute (ELI) on “Third Party Funding of Litigation” (TPLF). The two-year-long project has been recently approved by the ELI Council. It will be conducted by three reporters (Professor Susanne Augenhofer, Ms Justice Dame Sara Cockerill, and Professor Henrik Rothe) with the support of an International Advisory Committee. The project’s main output will be the development of a set of principles (potentially supplemented by checklists) to identify issues to be considered when entering into a TPLF agreement. Adriani will participate as a project member (together with Mr Joseph Rich). The final outcome is expected in September 2024. More information, as well as regular updates, can be found on the ELI webpage.