Third-party arbitration funding – Comparative analysis and Indian Perspective
LexForti
JUNE 2, 2022
Third-party funding is rather a new concept and was adapted by many legislations only recently due to the illegality of the doctrines of maintenance and champerty in common-law jurisdictions in the past. Maintenance referred to the involvement of a third party that was unrelated to the proceedings and someone who did not have a locus.
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