Burford’s Quentin Pak, writing for Singapore Business Review, argues not only that Singapore will become the arbitral home for many of the disputes connected to China’s Belt and Road initiative, but also that legal finance should play a significant role in facilitating them. Mr. Pak states: “…The costs of arbitration can still skyrocket in the type of high stakes construction disputes that will dominate the Belt and Road landscape… Parties will need to decide therefore between a very long and expensive road to recovery… or consider whether there is in fact a clear role for legal finance.”
