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