LOFFCORisk Management

International arbitration

Arbitration capital, underwritten through to enforcement

Financing for commercial and investment treaty arbitration where jurisdiction, merits, quantum and the respondent's assets can be assessed before capital is committed.

Executive overview

An arbitral award is only as valuable as the assets it can reach. Many funders price the hearing and treat enforcement as an afterthought. We start with the respondent: where it holds assets, how it has behaved after past awards, and which courts will recognize the result.

Our capital covers tribunal and institutional fees, counsel and quantum experts through the award, with the enforcement budget considered from the start.

At a glance
Claim value$10 million and above
Capital useCounsel, tribunal and institution fees, quantum experts, enforcement
RulesICC, ICSID, ICDR, LCIA, UNCITRAL and others
CounterpartiesPrivate companies, state-owned entities, states
RecourseGenerally nonrecourse

What we finance

Matters we review

  • Commercial arbitration under institutional rules
  • Investment treaty claims
  • Construction and energy project disputes
  • Joint venture and shareholder disputes
  • Post-award enforcement

Funding structures

Full-case funding

Capital from notice of arbitration through the award.

Enforcement funding

Budget for recognition, asset discovery and attachment after the award.

Adverse costs support

Capital to address cost-shifting risk where tribunals may award costs.

Award monetization

An upfront payment in exchange for part of the award proceeds.

Underwriting focus

What we test first

Jurisdictional objections, treaty coverage, quantum methodology, the respondent's payment history, and the location of attachable commercial assets.

Industries served

  • Energy and natural resources
  • Infrastructure
  • Construction
  • Telecommunications
  • Manufacturing

Process timeline

Indicative timeline

Full process
  1. Overview

    Response within five business days
  2. Confidentiality

    Weeks 1 to 2
  3. Diligence

    Weeks 2 to 6
  4. Term sheet

    Weeks 4 to 8
  5. Funding

    At closing

Timing is indicative and depends on complexity and document readiness.

Do you fund claims against states?

Yes, where treaty protection is clear and there is a credible path to payment or to commercial assets outside immunity.

Can you work with Spanish-language records?

Yes. Our team reviews Spanish-language contracts, filings and registries directly, which is useful for Latin American counterparties.

Do tribunals require disclosure of funding?

Several institutional rules and treaties now require disclosure of a funder's identity. We work with counsel to comply.

Confidential case review

Start with a nonprivileged overview

Send a short summary of the dispute, the parties and the capital need. We answer every submission within five business days. Substantive materials come later, once a confidentiality framework is in place.

Submit a matterInvestors