Posts Tagged : International Arbitration

Litigation funding - Advancing class actions against large corporations
Opinion: “Litigation funding – Advancing class actions against large corporations”

Our Director and Head of Legal Assets, Guido Demarco, has published a new opinion article at Abogados.Com.Ar, a prestigious Argentinian website focused on the legal sector, about how litigation funding can help advance class actions against large corporations. Litigation funding has proven to be an invaluable tool for driving large-scale class actions. The truck cartel in Europe, the PPI scandal in the UK, the ‘Dieselgate’ in Germany or the class action brought by shareholders against the Commonwealth Bank of Australia are just a few examples. The financial support provided by litigation funds has leveled the playing field against large companies…

Truck cartel: The León Court of Appeals rules in accordance with the CJEU’s interpretation

RM vs DAF TRUCKS and VOLVO AB The implementation of Directive 2014/104, designed to regulate tort actions for competition law infringements, gave rise to several interpretational challenges around Article 22, which establishes a prohibition on the retroactive application of the Directive’s substantive provisions. The key issue was to determine which provisions were substantive and which were not. In the context of this interpretational problem, the Provincial Court of León referred a question to the Court of Justice of the European Union (CJEU) for a preliminary ruling that would clarify certain questions that were not entirely made clear regarding the characteristics…

Guido Demarco, new Director & Head of Legal Assets of Stonward Litigation Funding

Stonward Litgation Funding, boutique specialized in offering bespoke solutions to finance litigation both in Europe and the Americas, has a new director and Head of Legal Assets: Guido Demarco, a legal expert with extensive experience in debt restructuring (private and sovereign), NPL strategies and legal, banking and financial project management.  Prior to joining Stonward, Guido worked for the European Bank for Reconstruction and Development as a legal advisor, where he had the opportunity to work closely with different governments and high-level stakeholders. Previously, he worked as an associate at Baker McKenzie, in the Buenos Aires office, where he worked on…

The I International Congress on Third Party Funding in International Arbitration in the media

Latin America is a clear point of interest for litigation funders due to its unequivocal prominence in the resolution of disputes through arbitration, this was the clear conclusion of the I International Congress on Third Party Funding in International Arbitration, organized by the Peruvian Institute of Arbitration and Stonward Litigation Funding, and the media have noticed it. Europa Press, Notimerica, Lawyer Press, Diario Jurídico, El Confidencial Digital, Bolsamanía, Infobae, Diario Siglo XXI, MSN, Press Digitial… are some of the media that have written about this first Congress that took place online. For two days, June 29 and 30, experts from the world…

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…