What price the access to justice? The implications of third party funding for the arbitral process. 

HKIAC and Skadden, Arps, Slate, Meagher & Flom are pleased to bring you this discussion on third party funding. In this presentation, His Honour Judge David Waksman QC, Judge in Charge of the London Mercantile Court, who also sits in the English Commercial Court, will offer some perspectives on litigation funding in arbitrations, particularly in the light of his decisions in Essar v Norscot (arbitrator's power to award funding costs against losing party) and Impact Funding v AIG (insurance cover for solicitor's liability to funder). He will also speak about the autonomy of arbitration and its relation to the development of the law.

The presentation will consist of a short lecture followed by a question and answer session moderated by Rory McAlpine of Skadden Arps and Kim Rooney, Chair of the Hong Kong Law Reform Commission’s Sub-committee on Third Party Funding for Arbitration