Tacit Approval Of Conditional Fee Arrangements In TCI

Tacit Approval Of Conditional Fee Arrangements In TCI

The Supreme Court of Turks and Caicos Islands recently considered whether to widen local access to litigation funding and finance. Such arrangements can be of interest to clients who cannot afford to litigate, or those who prefer to keep some or all of litigation costs off of the balance sheet. In this article, we take a closer look at the court's tacit approval of conditional fee arrangements.

In this article we seek to review developments in TCI law relating to the funding of litigation matters, which can be of interest for those clients who would otherwise be unable to afford to litigate, or who would prefer to keep some or all of the costs of litigation off balance sheet.