Recent years have witnessed the use of litigation finance expand rapidly across the globe, as practitioners become more familiar with its many advantages, judges and arbiters recognize its positive role in promoting meritorious claims, and claimants realize its potential to hedge risk and manage ever growing legal costs.
Latin America is no exception to this trend. As a global litigation funder, Woodsford regularly receives inquiries from parties involved in Latin American-related proceedings and we expect the frequency of these inquiries to grow. Indeed, the volume of litigation and arbitration across the region is already substantial and the costs to litigate (or arbitrate) a matter can be considerable.
Woodsford’s Zachary Krug explores the development of third party funding across the region. You can read his full analysis, originally published in Corporate Disputes magazine, here.
