On 23 January 2026, the Court of Appeal delivered an important judgment in The Federal Republic of Nigeria v VR Global Partners LP & Ors, reaffirming the English courts' robust and pragmatic approach to case management in...more
2/16/2026
/ Appeals ,
Appellate Courts ,
Arbitration Awards ,
Attorney's Fees ,
Case Management ,
Commercial Litigation ,
Fraud ,
Funding Arrangements ,
Litigation Fees & Costs ,
Litigation Strategies ,
Proportionality ,
Rules of Civil Procedure ,
Sovereign Immunity ,
Third-Party Liability ,
Third-Party Relationships ,
UK
In a move designed to restore certainty and competitiveness, the UK government has announced plans to reverse the decision of the Supreme Court in PACCAR and to introduce regulation of third-party litigation funding. This...more
1/12/2026
/ Arbitration ,
Commercial Arbitration ,
Dispute Resolution ,
Enforceability ,
International Arbitration ,
Litigation Funding ,
New Legislation ,
Regulatory Oversight ,
Regulatory Reform ,
Regulatory Requirements ,
Reversal ,
UK ,
UK Supreme Court
The UK Supreme Court has delivered a landmark ruling on the currency of costs orders in Process & Industrial Developments Ltd. v. Nigeria [2025] UKSC 36. In a unanimous decision on 22 October 2025, the Court confirmed that...more
10/31/2025
/ Arbitration Awards ,
Commercial Litigation ,
Cross-Border Transactions ,
Currency Fluctuation ,
Fee-Shifting ,
International Arbitration ,
International Litigation ,
Legal Costs ,
Statutory Interpretation ,
UK ,
UK Supreme Court
A recent paper from the Basel Institute has brought renewed attention onto the issue of the compensation of victim states in cross-border bribery cases. International arbitration may provide a quicker and more certain route...more
In a heavy blow to the litigation funding industry, the UK Supreme Court has held that many litigation funding agreements are damages-based agreements and must comply with the relevant regulatory regime. Funders will be...more
Recent developments in Nigeria, India and China highlight the relentless global rise of third-party funding ("TPF"). These developments emphasise how TPF is now an integral part of arbitration proceedings across the world. We...more
Prudent African investors—and investors within Africa—can ensure that their foreign investments are protected from wrongful conduct that the state and its organs can inflict.
...more
Nigeria's recently passed Arbitration and Mediation Bill seeks to bring the country's arbitral practices in line with global standards, reaffirming Nigeria's position as one of the leading centres for commercial arbitration...more
International arbitration remains the dispute resolution mechanism of choice for cross-border disputes. Although this is a global trend, recent years have seen a significant increase in the use of international arbitration to...more
The recent judgment in John Hall v Saunders Law Limited & Others considers the extent of the duties (if any) owed by solicitors conducting funded litigation to those funders, and emphasises the importance of careful drafting...more
On 25 February 2020, the Court of Appeal in Chapelgate Credit Opportunity Master Fund Ltd-v-Money & Others confirmed that the liability of a commercial funder of an unsuccessful action should not automatically be limited to...more
Davey v Money and others [2019] EWHC 997 confirms that litigation funders can no longer rely on the ‘Arkin cap', to limit their adverse costs exposure to the amount of funding they contributed. The decision continues the...more
The Energy Protocol of the Economic Community of West African States seeks to attract power-sector investment -
According to the OECD, "Investment treaties were developed to protect investors of one country when investing...more