Interested third party

The growth of arbitration as a means to settle disputes in Latin America presents an opportunity for third-party funding to thrive, resulting in greater access to justice, particularly for cash-strapped claimants. But teaming up with a third-party financier can also raise novel concerns that must be considered at the outset. Zachary Krug, senior investment officer at Woodsford Litigation Funding in London, and Leonardo Viveiros, chief legal officer at Brazil’s Leste Litigation Finance, present the pros and cons