Third Party Funding Considered By The Irish Supreme Court

The Irish Courts have again recently considered the prohibition on third party funding in this jurisdiction. This was in the context of an application for the enforcement of a Polish judgment obtained using third party funding.

The Supreme Court ruled that, although Irish law prohibits assigning a legal claim to a bare cause of action to an unrelated third party, it had to allow the enforcement of the judgment in Ireland because Polish law permits third-party funding.

Third party funding is currently prohibited in Ireland though this remains under consideration by the Irish Law Reform Commission ("LRC"). The LRC is currently examining responses to its 2023 Consultation Paper and its final report is awaited, see our previous update.