Press release
\"Litigation Funding\" for an arbitration proceeding against Spain
Madrid - DIKEOS Abogados is in the process of closing an agreement with an important “Litigation Funder” from London on the financing of an arbitration proceeding against Spain. The object of the arbitration proceeding, which shall be placed in Stockholm, will be the various changes in the remuneration system for renewable energy-projects in Spain. The agreement with the litigation funder provides that he bears all costs of the arbitration proceeding, and in turn receives a 25% success-fee of the payout, in case the proceeding is successful.
“The collaboration with a litigation funder is practically the only chance for our clients to place a multi-million arbitration proceeding against Spain”, says Richard Wicke, responsible partner at DIKEOS.
Madrid, on February 6, 2015
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Attention editorial offices: For further questions please contact Mr.
Richard Wicke, DIKEOS Abogados.
Media contact:
Richard Wicke
DIKEOS ABOGADOS
E-Mail: mailto:rwicke@dikeos.com
DIKEOS ABOGADOS
Paseo de la Habana 5, 1°-der.
28036 Madrid
Spain
Internet: http://www.dikeos.com
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