Tag Archives: Burford
Burford Capital Reports First Half and Second Quarter 2023 Financial Results; Strongest Set of Six-Month Financial Results in Burford’s History
Burford Capital Limited (“Burford”), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three and six months ended June 30, 2023.1 Burford’s report on Form 6-K at and for the three and six months ended June 30, 2023, including unaudited condensed consolidated financial statements (the “2Q23 Quarterly Report”), is available on the Burford Capital website at http://investors.burfordcapital.com.
Burford Capital Statement on YPF Damages Ruling
Burford Capital Limited, the leading global finance and asset management firm focused on law, today releases the following statement in connection with the September 8, 2023 Findings of Fact and Conclusions of Law (the “Ruling”) issued by the United States District Court for the Southern District of New York (the “Court”) in connection with the Petersen and Eton Park cases against the Republic of Argentina and YPF (the “Case” or the “YPF Litigation”).
Parties in Burford-Funded Argentina Claim Remain Far Apart on Payout Amount
Cases with a prolonged duration and timelines that span nearly a decade are not uncommon for those in the business of litigation finance. However, even in cases where claimants receive a favourable judgement, there is always the issue of determining the size of the award, which further prolongs these lawsuits.
Burford Highlights ‘Industry Standard’ for Legal Finance Valuation and Reporting
As the litigation finance industry continues to mature, there will naturally be an expectation that the industry should move towards standardized approaches and methodology. Reflecting this trend, Burford Capital’s CEO and CFO have recently published an article discussing their new valuation methodology for litigation finance investments, suggesting that “its widespread adoption seems inevitable”….
Latest Burford Quarterly journal of legal finance addresses top trends in business of law
Burford Capital, the leading global finance and asset management firm focused on law, today releases its latest Burford Quarterly, a journal of legal finance that explores the top trends impacting the business of law.
California Business Owner Highlights How Litigation Funding Saved His Company
Calls for an increase in the levels of regulation and oversight of litigation finance across the United States have intensified in recent months, with states throughout the country introducing or passing legislation to enact stricter guidelines. However, in California where the proposed legislation has been put on hold for now, one business owner explains how…
Defendants Request More Information as Sysco Moves to Make Burford Affiliate the Plaintiff in Antitrust Lawsuits
Although last week seemed to put the dispute between Burford Capital and Sysco Corp to bed, with both firms agreeing to drop all claims, it seems there may yet be another twist before the story reaches its end. Following Sysco’s resolution with Burford, the company had requested to transfer ownership of several antitrust claims to…
Legal Battle Between Burford and Sysco Ends as Both Parties Dismiss All Claims
Whilst funders and claimants almost always have a harmonious and mutually beneficial relationship, there are rare occasions where that partnership breaks down and contentious disputes emerge during the course of litigation. One such dispute that broke out in March of this year between Burford Capital and its client Sysco Corp has come to an end,…
New research offers inside look at how businesses are managing litigation in uncertain economy
Burford Capital, the leading global finance and asset management firm focused on law, today releases new independent research on how in-house lawyers are adjusting their strategies in a period of sustained uncertainty. Businesses are seeking to manage risks and costs, and in turn, legal departments—and the outside law firms that work with them—have the opportunity to position themselves as part of the solution, with legal finance expected to play a role.
Burford Capital Reports First Quarter 2023 Financial Results
Burford Capital Limited (“Burford”), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three months ended March 31, 2023 (“1Q23”).1 Burford’s report on Form 6-K for 1Q23, including unaudited condensed consolidated financial statements (the “1Q23 Quarterly Report”), is available on the Burford Capital website at http://investors.burfordcapital.com.
