third-party funding for arbitration 第三方資助仲裁

third-party funding for arbitration
繁:第三方資助仲裁
简:第三方资助仲裁

第三方資助仲裁即是由第三方出資者,支付受資助當事人於仲裁中的法律費用及其他費用,若受資助當事人勝訴,第三方資助人會收取仲裁裁決金額中某個百分比或其他經濟利益作回報;若敗訴則無需向第三方資助者支付任何款項。

准許「第三方資助仲裁」 法改會︰對中小企有利(2015年10月20日)。am730,A26版。

Third party funding (“TPF”) refers to a contractual agreement between a third party, the funder, and a claimant seeking to pursue a cause of action. TPF arrangements are usually motivated by a lack of financial resources but may also be used to mitigate costs and manage the risk of litigation or arbitration. The contract commonly provides that the funder will pay for the costs of the action in return for a percentage of the award should the action succeed.

The Law Reform Commission of Hong Kong. (2015, October 19). Third Party Funding for Arbitration. Retrieved from http://www.hkreform.gov.hk/en/projects/3rdpartyfunding.htm