Fundholding

As a fund holder, the LCA receives, preserves and disburses funds which can be held as security for the cost of the dispute resolution proceeding or as security for the fees and expenses of the adjudicators. The funds shall be in trust by the LCA and only disbursed according to the instructions given by the dispute resolution tribunal or parties.

All terms and conditions of our fundholding services are expressly stated in the agreement appointing the LCA as a fund holder.