Litigation finance eyes Latin America
Madrid-Lima, June 2021. The conclusions of the I International Congress on Third Party Funding in International Arbitration, organized by the Peruvian Institute of Arbitration and Stonward Litigation Funding leave no doubt: Latin America is a clear point of interest for litigation funders due to its unequivocal prominence in the resolution of disputes through arbitration. According to ICC, disputes in Latin America and the Caribbean increased by 14% in 2019 over the previous year.”Arbitration with a Latin American element has a unique importance,” said Carolina Bayo, Senior Director of Stonward, at the opening of the Congress. For two days, June 29…