Woodsford Litigation Funding is excited to announce a significant expansion into the Asia Pacific market, with the opening of our first Asian office in Singapore, the appointment of Charlie Morris as Managing Director, Asia Pacific and our first Singapore-based arbitration funding agreement.
Woodsford’s CEO, Steven Friel commented “We are hugely excited by our expansion into Asia. We have already seen a significant uptick in deal flow from the region since the changes to the rules on third party funding in Hong Kong and Singapore. We will deploy at least US$150m in litigation and arbitration related investments over the next two years, and we are confident that Charlie will invest a significant part of that into the Asian market.”
Woodsford’s new Managing Director, Asia Pacific Charlie Morris commented, “The time is right for us to expand into Asia. In the last few weeks, I have met with dozens of senior lawyers and business leaders, and have attended meetings at arbitral and judicial institutions, in Hong Kong and Singapore to discuss third party litigation funding. The feedback has been wholly positive. Already, practitioners are starting to understand the benefits and opportunities that funding can provide and we anticipate steady growth in the region. It’s great to be heading to Singapore with an arbitration funding deal already in place, which I’m confident will be the first of many.”
Read the full press release here