Sapin II law strengthened the French legal framework by implementing measures aiming at legitimizing and extending existing practices in cross-border cases especially through the judicial agreement in the public interest mechanism (convention judiciaire d’intérêt public – CJIP).

Increasingly expensive cross-border arbitration has caused third-party funding to become the solution for parties that would otherwise be barred from seeking justice for lack of funds.

With globalization, an increasing number of companies have engaged in cross-border transactions. To resolve disputes arising out of these international transactions, arbitration has become the most effective dispute resolution method.