Monetizing Legal Assets: Social and Economic Benefits of Third-Party Dispute Finance in Asia

IF 0.6 3区社会学 Q2 LAW

Asian Journal of Law and Society Pub Date : 2021-11-12 DOI:10.1017/als.2021.34

Cheng-Yee Khong

引用次数: 0

Abstract

Abstract This article explains third-party dispute finance, including practical issues relating to the funding process and how to choose a funder. It examines some of the social benefits of funding and its importance in an economic downturn, and looks at some of the risks of dispute finance. It also considers the regulation of dispute finance in various Asian jurisdictions, as well as recent industry trends, including the use of dispute funding by well-resourced corporates and dispute-finance products for companies. It explains funding for insolvency-related claims and funding for the enforcement of awards and judgments. Finally, it provides two case-studies in which funding provided access to justice and enabled the funded party to recover a non-performing loan in multiple jurisdictions.

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合法资产货币化：亚洲第三方争议金融的社会经济效益

摘要本文解释了第三方纠纷融资，包括与融资过程和如何选择出资人有关的实际问题。它考察了融资的一些社会效益及其在经济衰退中的重要性，并考察了纠纷融资的一些风险。它还考虑了亚洲各个司法管辖区对争端融资的监管，以及最近的行业趋势，包括资源充足的公司使用争端融资和公司的争端融资产品。它解释了为破产相关债权提供资金以及为执行裁决和判决提供资金的问题。最后，它提供了两个案例研究，其中资金提供了诉诸司法的途径，并使受资助方能够在多个司法管辖区追回不良贷款。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asian Journal of Law and Society LAW-

CiteScore

1.50

自引率

0.00%

发文量

期刊介绍： The Asian Journal of Law and Society (AJLS) adds an increasingly important Asian perspective to global law and society scholarship. This independent, peer-reviewed publication encourages empirical and multi-disciplinary research and welcomes articles on law and its relationship with society in Asia, articles bringing an Asian perspective to socio-legal issues of global concern, and articles using Asia as a starting point for a comparative exploration of law and society topics. Its coverage of Asia is broad and stretches from East Asia, South Asia and South East Asia to Central Asia. A unique combination of a base in Asia and an international editorial team creates a forum for Asian and Western scholars to exchange ideas of interest to Asian scholars and professionals, those working in or on Asia, as well as all working on law and society issues globally.