The opening of Burford's Hong Kong office reflects the growing interest in the region in financing Hong Kong-based arbitration and insolvency matters. The relatively recent introduction of the (Third Party Funding) (Amendment) Ordinance and the Code of Practice of Third-Party Funding of Arbitration was a long-anticipated development and provides a clear framework for third-party funding of international arbitrations seated in Hong Kong and sets out specific guidelines for funders operating there.
Burford Vice President Emily Tillett is a Hong Kong, Australian and New Zealand qualified lawyer with multijurisdictional expertise in complex commercial disputes. In this video, she explains the future of legal finance in Hong Kong:
- The opportunities for litigation finance is the Special Administrative Region?
- Recent developments in insolvency funding in Hong Kong
- How Burford can help parties involved in arbitration and insolvency proceedings