Third party funder fees recoverable as costs of arbitration (English Commercial Court) | Practical Law

Third party funder fees recoverable as costs of arbitration (English Commercial Court) | Practical Law

In Essar Oilfields Services Ltd v Norscot Rig Management PVT Ltd [2016] EWHC 2361 (Comm), the English Commercial Court considered whether a tribunal had exceeded its powers in awarding the costs of third party funding.

Third party funder fees recoverable as costs of arbitration (English Commercial Court)

Practical Law UK Legal Update Case Report w-003-7369 (Approx. 7 pages)

Third party funder fees recoverable as costs of arbitration (English Commercial Court)

by Karen Maxwell (Barrister), 20 Essex Street
Published on 05 Oct 2016 • England, Wales
In Essar Oilfields Services Ltd v Norscot Rig Management PVT Ltd [2016] EWHC 2361 (Comm), the English Commercial Court considered whether a tribunal had exceeded its powers in awarding the costs of third party funding.