Commercial Arbitration Funding In a landmark ‘David versus Goliath’ commercial arbitration case, relative minnow Norscot Rig Management was pitted against the much larger Essar Oilfields in a dispute over $12 million in unpaid costs that eventually resulted in a landmark ruling in relation to the recovery of third party litigation funding fees. [...]
CAT claim against car shipping cartel
sb5su2020-07-15T11:02:09+00:00CAT claim against car shipping cartel In February 2020, five shipping companies fined by the European Commission (EC) for running a cartel had a £150 million opt-out claim filed against them at the Competition Appeals Tribunal (CAT). The claim is being funded by Woodsford. The EC found that maritime car carriers fixed [...]