An extensive arbitration battle between Malaysia and purported heirs of a 19th-century sultanate is advancing to France’s highest court. The Dutch Supreme Court ruled in Malaysia’s favor, dismissing the descendants’ appeal for a $14.92 billion award from a Spanish arbitrator without providing reasons and instructed the claimants to cover court expenses. For further details, read the full article here.
UK-based litigation finance firm Therium’s involvement has amplified discussions on regulating third-party funding in the EU.