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Third Party Funding for Dispute Resolution - A Comparative Study of England, Hong Kong, Singapore, the Netherlands, and Mainland China (Hardcover, 1st ed. 2021)
Loot Price: R3,944
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Third Party Funding for Dispute Resolution - A Comparative Study of England, Hong Kong, Singapore, the Netherlands, and Mainland China (Hardcover, 1st ed. 2021)
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This book represents a comparative study of Third Party Funding
(TPF) and its regulation in England, Hong Kong, Singapore, the
Netherlands and the Mainland of China. It provides a general review
of the background in which TPF grows and the platform where third
party funders are allowed to operate. In each and every chosen
jurisdiction, the book analyses the legal risks related to TPF, the
regulatory measures and the questions surrounding the challenges
that lay ahead. This book is featured by the empirical study of the
Chinese TPF market. As of the time of this writing, TPF activities
operating in China have not been expanded upon in English or
Chinese literature. The language barrier may be one reason. The
lack of empirical materials may also contribute to this situation.
In order to obtain some first-hand evidence of the TPF market in
China, the author conducted empirical research in Shenzhen, with
the assistance of Chinese third party funders and some local
organizations and authorities. The empirical study took the form of
questionnaire surveys. The first survey saw in total 175 responses,
and the second saw 18 responses. Due to the fact that many funding
arrangements for commercial disputes are kept in the dark, it is
hard, if not impossible, to measure the size of the Chinese TPF
market. This study provides a dataset that serves a humble purpose;
namely to offer an insight into the Chinese TPF market, rather than
to grasp the full picture of the industry.
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