McEntee to bring forward proposals to legalise third-party legal funding

Justice minister announces move on US trip to promote Ireland as legal hub for doing business in Europe

Helen McEntee, the Minister for Justice, said that allowing third-party funding in lawsuits would improve Ireland’s competitive edge in securing this international service. Picture: RollingNews

Proposals to provide for the introduction of third-party funding of international arbitration are set to be brought forward by Helen McEntee, the Business Post has learned.

The Minister for Justice outlined her intention to introduce third-party funding while delivering remarks to lawyers in New York last week. This type of funding enables a party with no connection to a case to cover the cost of a lawsuit, typically in exchange for a share of the ...