The collaboration between Mori Hamada and LCM is an example of the increasing use of litigation funding in the legal industry.
This partnership allows Japanese investors to access justice and seek compensation for financial losses incurred due to the write-down of Credit Suisse's AT-1 bonds.
The involvement of third-party funding mitigates the financial risks associated with pursuing arbitration and enables investors to focus on the merits of their claims.
The case also highlights the importance of investment treaties, such as the JSEPA, in providing a legal pathway for investors to seek redress in foreign jurisdictions.
The outcomes of these proceedings could have lasting effects on the relationship between investors and sovereign states in the realm of financial securities.