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What are the characteristics of the Legal Finance world in Spain? How can Litigation Funding help businesses and companies? Is there going to be an increase in litigation and, thus, an increase in funding? What type of cases are elegible for funding? Read the featured article published in Expansión to discover the answers. Expansion’s Article Download
The latest statistics published by the ICC (International Chamber of Commerce) reveal that arbitration is an increasingly popular mechanism for dispute resolution, and the Spanish element continues to increase. In fact, Spain ranked seventh in the most frequent nationalities among parties, with 87 parties representing 3.48% of the total number in all 2019 ICC filings, and Spanish law was the seventh most selected applicable substantive law of all cases registered before the ICC in 2019. Choice-of-law clauses were included in the substantive contractual provisions relied upon by parties in 88% of all cases registered in 2019. These covered the laws…