Parabellum’s Special Situations Group has officially launched. To read PE Hub’s coverage and Parabellum’s press release, click here.
The group is led by Jarvis Buckman. As Parabellum’s Director of Special Situations, Jarvis analyzes and sources distressed situations to find investment opportunities across complex corporate situations and capital structures.
Parabellum’s Howard Shams and Aaron Katz Named to Lawdragon’s 100 Leading Legal Consultants and Strategists for 2018
Lawdragon has released its annual list of 100 Leading Legal Consultants and Strategists for 2018, naming Parabellum’s Howie Shams and Aaron Katz as leaders in litigation funding. For the full list, click here.
Arbitration is an extremely popular mechanism for the resolution of commercial disputes. One of the main advertised benefits of arbitration is that it is more cost-effective than traditional litigation. While this is often true, it does not mean that arbitration is always cheap. Indeed, filing, administrative, and arbitrator fees in major disputes can be substantial.
In addition, while arbitration costs are typically recoverable by the prevailing party, the risk of losing alone can deter parties from bringing an arbitration to enforce their rights.