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32nd Annual Meeting of the ICC Institute of World Business Law Third Party funding In International arbitration Paris 26 November 2012 Bette brochure est disposable en Fran AIs SUR www.iccevents.org
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Start-up businesses that lack sufficient capital to launch or expand their operations.
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Third party funding is a financial arrangement where an outside party provides funds to support a legal claim or litigation in exchange for a portion of the settlement or judgment.
Parties involved in a legal claim or litigation who have received funding from a third party are required to disclose this information.
Third party funding can be reported by providing details of the funding arrangement, including the name of the third party funder and the terms of the agreement.
The purpose of third party funding is to provide financial assistance to parties involved in legal disputes who may not have the resources to pursue their claims.
Information such as the name of the third party funder, the amount of funding received, and the terms of the funding agreement must be disclosed.
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