International power production and engineering in an Asian state/Singapore arbitration, energy sector, state-owned entity
We are funding international dispute resolution in Singapore International Arbitration Centre (SIAC) against an Asian state-owned entity following a failed M&A transaction (corporate acquisition) in the energy sector. This is one of the first known cases to be funded under the 2017 legislation in Singapore permitting the funding of international arbitration. Our financing includes the innovative use of a deed poll in arbitration proceedings to provide coverage for adverse costs.
“We and the client chose Omni Bridgeway for one of the first third-party funded arbitrations in Singapore based not only on the competitive financial terms being offered, but due to their knowledge and experience in international arbitration, which counsel can benefit from to optimize the case presentation.”
Mark Mangan, Partner, Dechert LLP