ExpertiseAsia Disputes & Restructuring
Bermuda Litigation & Restructuring
BVI Litigation & Restructuring
Cayman Islands Litigation & Restructuring
Litigation & Restructuring
Businesses in Hong Kong, Singapore and around the world commonly organise their corporate structure to include entities incorporated in their home jurisdiction, as well as those in offshore jurisdictions such as the Cayman Islands, the British Virgin Islands and Bermuda.
When disputes arise within a group of companies or with external parties, claimants are often required to make important, preliminary choices. For example, in which jurisdiction should the claim be filed? Should the claim proceed by way of commercial litigation or arbitration? And vitally, how much will the proceedings cost and what, if any, external funding options are available, over and above the claimant’s own resources?
The purpose of this article is to identify and compare the third-party funding options available for claims brought in Hong Kong or Singapore, with those available in the offshore jurisdictions of the Cayman Islands, the British Virgin Islands and Bermuda (the subject jurisdictions).
This article was first published in Commercial Dispute Resolution.