Pillar Guide

Arbitration Funding & Award Enforcement

Arbitration funding covers the costs of pursuing an arbitration claim, tribunal fees, counsel, experts, in exchange for a share of the award, typically on a non-recourse basis. Award enforcement funding does the same for the execution stage, where a favourable award is converted into actual payment.

Executive Summary

Arbitration was meant to be the faster route, but tribunal fees, counsel costs and expert evidence make it capital-intensive, and winning the award is only half the journey. Many award-holders discover the real fight is execution.

An arbitral award is one of the most fundable legal assets: the merits are already decided. Assessment then centres on challenge risk, the debtor's assets, and the practical execution route.

Corporates in contract disputes Infrastructure & construction claimants Exporters Award-holders awaiting payment

From dispute to enforced award

  1. 1

    Pre-arbitration assessment

    Clause, seat, governing law, quantum and evidence, before invoking arbitration.

  2. 2

    Funding the arbitration

    Tribunal fees, counsel and experts covered for eligible claims.

  3. 3

    Award

    A reasoned award on merits and quantum.

  4. 4

    Challenge window

    Assessing and defending set-aside proceedings where they arise.

  5. 5

    Enforcement

    Execution against the debtor's assets, domestic or cross-border, until payment.

Funding a claim vs monetising an award

Arbitration fundingAward enforcement funding
StageBefore/during arbitrationAfter the award
Key uncertaintyMerits and quantumChallenge risk and debtor assets
Typical needCosts to pursue the claimCosts and stamina to execute
OutcomeAn awardMoney actually recovered

Award enforcement readiness

  • A reasoned award with clear quantum
  • Status of any set-aside or appeal proceedings
  • Identified debtor assets and their jurisdictions
  • No settlement bar or waiver affecting execution
  • Execution cost proportionate to award value

Frequently asked questions

Is third-party funding of arbitration permitted in India? ▾

Arbitration funding is part of the broader third-party funding landscape in India and is used in commercial arbitration. Each matter is structured to comply with applicable law and professional conduct rules.

Can I get funding after I already have an award? ▾

Yes, award enforcement is often the most fundable stage, since merits are decided. Assessment focuses on challenge risk and the debtor's capacity to pay.

What about foreign awards? ▾

Foreign awards from notified New York Convention jurisdictions can be enforced in India; cross-border enforcement routes are assessed case by case.

How is a funded arbitration repaid? ▾

From the recovery, per the funding agreement. If there is no recovery on a non-recourse funded matter, the funding is not repaid.

Related Guides

Assess your claim's recoverability

A free, structured, 5-step assessment of whether your claim may qualify for funding. Preliminary indication only, subject to due diligence.

Check Your Claim Eligibility