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Litigation Funder Challenges Petronas Over Malaysian Royal Heirs' Award

Primul articol: 26 mar. 2026, 12:01 | Ultima actualizare: 26 mar. 2026, 12:01 | 1 sursa | 1 articol
#litigationfunding#arbitration#malaysia

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The legal battle between a litigation funder and Malaysian state-owned oil company Petronas is escalating after a $15 billion award to royal heirs was overturned. The funder, which backed the heirs' claim, is now challenging Petronas' actions, raising questions about the role and risks of litigation funding in international arbitration. The case underscores the potential for significant financial gains and losses in such arrangements, as well as the legal and political complexities involved in disputes over sovereign assets.

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Litigation Funder Fights Petronas as Royal Heirs’ $15 Billion Victory Unravels Foto: Bloomberg
Bloomberg English Upmanyu Trivedi, Constantine Courcoulas 26 mar. 2026, 12:01 (acum 3 ore)

Litigation Funder Fights Petronas as Royal Heirs’ $15 Billion Victory Unravels

Litigation funder Therium Capital Management Ltd. is fighting a lawsuit alleging that it played a “central role” in a cross-continent conspiracy to get a $14.9 billion arbitration payout from Malaysia.

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