Pendanaan Pihak Ketiga (Third party Funding) dalam Penyelesaian Sengketa melalui Arbitrase dan kemungkinan Penerapannya di Indonesia

The Third Party Funding (TPF) concept is an alternative method of funding usually
applies in the dispute resolution process. Recently, the TPF concept has often been
used in the process of resolving international arbitration disputes, both commercial
and investment. This paper analyses the TPF concept and practices in several states,
and its possible application in Indonesia. In particular, this paper discusses efforts
made to regulate the TPF both in national law of several jurisdictions and in the
international level, key issues within TPF in relation to the arbitration dispute
resolution, and the TPF key provisions to be considered should Indonesia decides to
apply such concept within its jurisdiction.