ELF launched to focus on litigation finance

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Pranav Mago
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Pranav Mago, a former head of South Asia for the Singapore International Arbitration Centre, recently established a litigation finance consultancy called ELF Partners in Singapore.

According to Mago, litigation finance, or third-party funding of litigation that helps level the playing field between parties, is a relatively recent development in arbitration in Asia.

While it is relatively unknown in India, an Indian Association for Litigation Finance was launched in February, in what may be a sign of growing interest. ELF Partners has teams in Singapore and India.

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