Where do funders usually hear about investment treaty claims?

From law firms, mostly. Claimant counsel brings a case once it has been scoped, and by then the investor has a firm, a theory of the case and often other funders to compare. That works, but it also means every funder sees the same deals at roughly the same time.

The alternative is to watch the source. Treaty claims follow state action: a cancelled licence, a tax imposed after the fact, a contract the government walks away from. ICSID registered 63 new cases in 2025, the second-highest year on record, with mining at 24% and oil and gas at 21%. Each of those began as a measure somebody could have read about.

What does DSPT Finder give a funder?

  • An early list of government measures against foreign investors, scored for how likely they are to become treaty claims.
  • A first view of each potential claim on the points underwriters care about: jurisdiction, merits, amount at stake and collectability.
  • The story behind each lead, including which investors are affected and which treaties might protect them.
  • Trend reports and a map showing where claims are building, by country and sector.

Coverage runs to more than 2,100 sources in 32 languages across 159+ countries, updated several times a day.

How does it fit into underwriting?

As the top of the funnel. A lead tells you a claim might exist and roughly what shape it has. Whether to fund it still takes the work you already do on the claimant, the treaty, quantum and enforcement.

The collectability rating helps early because it flags states where an award may be hard to enforce. It is a screen, not an opinion. A promising lead can go straight to the counsel you already work with for scoping.

Law firms use the same leads for business development, and the alerts double as early warning of investment treaty disputes.

Frequently asked questions

Can a funder use DSPT Finder without a law firm?

Yes. Funders can use it directly to watch for claims. Approaching an investor or scoping a claim is then up to you and your counsel.

How early does it see a claim?

Usually at the government measure itself, which can be months before a notice of intent and longer still before a claim is filed.

Does it assess quantum?

It gives a first rating of the amount at stake, based on public information. It is a screening aid, not a damages model.

How can we try it?

Ask for 10 free leads, or book a demo with the team.