As businesses around the world seek alternative funding options to manage cash flow and liquidity risks, an increasing number of corporations in Asia are turning to litigation funding as a viable corporate finance tool.
Singapore permitted the funding of international arbitration when it amended its Civil Law Act in 2017 but since then, progress in the litigation funding space has been slow. Most funders invested in traditional impecunious claims, but the more sophisticated utilization of the resource—including for corporate financing and the funding of portfolio disputes—had for several years been a foreign concept to companies in the region.
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