Aurthored by Isabelle Michou, Quinn Emanuel
Urquhart & Sullivan and Pierre Pic, Teynier
Pic with introductory remarks from Yasmin
Mohammad, Vannin Capital
IS PARIS THE NEW HUB FOR THIRD-PARTY FUNDING?
The popularity of international arbitration in Paris has been
established for decades. This is largely due and thanks to the
International Chamber of Commerce based in Paris, which was created
in the aftermath of World War I. The ICC created the ICC
International Court of Arbitration, its arbitral institution tasked
with administering arbitration disputes, shortly thereafter in
1923.
Since the 1920s, the strength of the ICC International Court of
Arbitration has grown considerably year after year. In 2016, a
total of 966 new cases administered by the ICC were filed involving
3,099 parties from 137 countries. Although not all ICC arbitrations
are seated in Paris, clearly this represents the tip of the iceberg
as the number of ad hoc and other institutional
