Burford contributes two chapters in Chambers' Litigation Funding Practice Guide for Singapore
Chambers and Partners has included two chapters written by Burford's Quentin Pak and Emily Tillett in its Litigation Funding Practice Guide for Singapore.
The first chapter, on Singapore Law and Practice, provides an overview of the regulations governing legal finance in Singapore, including:
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Legality of legal finance in the region
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Key regulations and non-legal rules relevant to legal finance in Singapore, including consumer protection, unlawful terms and disclosure requirements
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Adverse costs liability and ATE insurance rules in the region
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Lawyer ethics, including alternative fee structures and fee-sharing
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Taxes on legal fees and payments to offshore jurisdictions
The second chapter, on Singapore trends and developments, discusses Singapore's evolution into a global dispute resolution hub, including:
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The historical establishment of a legal finance framework in Singapore
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The SICC's role in the expansion of permissible funding options
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Regulatory clarity and funders' qualification requirements
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Institutional and professional conduct rules
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Codification of insolvency funding into law
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The new flexibility of conditional fee agreements
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Trends in the arbitration and arbitration funding landscapes
Read the full chapters here:
