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Salvage through litigation in insolvency: considering third-party funding

This article was co-authored by Damian Taylor (Partner) and Emma Laurie-Rhodes (Associate) of Slaughter and May, and was originally published in Vannin Capital’s Funding in Focus publication, available here

Corrs Chambers Westgarth and Slaughter and May consider how maritime salvage principles have been used in Australia and the United Kingdom to ensure insolvency practitioners are paid for the costs and expenses properly incurred in the care, preservation, and realisation of assets (including for the costs of litigation funding arrangements).

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This article was originally published in the seventh edition of Vannin Capital’s Funding in Focus, a publication which focusses on the latest innovations in third-party dispute resolution funding globally. It has been reproduced with permission from Vannin Capital and the co-authors of Slaughter and May. For further information please visit: https://vannin.com/funding-in-focus/



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Restructuring and Insolvency Litigation and Dispute Resolution

The content of this publication is for reference purposes only. It is current at the date of publication. This content does not constitute legal advice and should not be relied upon as such. Legal advice about your specific circumstances should always be obtained before taking any action based on this publication.

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