The Sultanate of Sulu case shows the litigation funding industry is abusing the global legal system
The Government of Malaysia is engaged in a $14.92 billion (€13.85bn) legal dispute that challenges the sovereignty of the country. The matter involves a group of individuals self-proclaiming to be heirs to the defunct Sultanate of Sulu, Jamalul Kiram II, who received an arbitration award in February 2022 following their claim that Malaysia is in breach of a colonial-era land treaty involving North Borneo or Sabah, which today is an indisputable part of Malaysia. Since then, Malaysia has faced an arduous and ongoing battle, incurring significant costs and the deployment of government resources ...