The COVID-19 pandemic is upending economies across the globe, triggering a wave of unexpected disputes arising from contract breaches and sovereign measures in response to the pandemic. 

Many businesses find themselves between a rock and a hard place: they need to seek compensation for harm suffered as a result of the measures, but they may not have the budget on hand to pay for arbitration. 

Third-party funding can be a viable solution to this cashflow problem. In the note below, we summarise briefly the key aspects of third-party funding and discuss its benefits.