We are delighted that Sammy Koo, former seasoned insolvency practitioner, has given an insightful presentation on third party funding approaches and litigation funding arrangements in arbitrations and insolvency practice at our firm.

Third party funding has emerged as a crucial element in significant litigations and arbitrations worldwide. It has a longer history in insolvency practice, and has been a useful tool since February 2019. A well-structured funding arrangement offers numerous advantages including:-

- Independent health assessment of case merits and enforcement capabilities
- Mitigation of financial risks associated with disputes
- Access to specialized expertise from funders and introducers
- Flexible funding solutions, including hybrid fee models
- Availability of after-the-event insurance

As we look forward to the gradual integration of third party funding into Hong Kong’s mega dispute resolution framework, it is essential for practitioners to stay updated of industry developments. We stand ready to collaborate effectively with funders, introducers, insurers and other experts to safeguard the best commercial interests of clients in arbitrations and stakeholders in insolvency matters.