Burford Capital
Deep Pockets Swell Dockets: How Investors Fund Lawsuits
March 12, 2014
Legal scholars are calling for tighter regulation of litigation-investment firms. What began as a cottage industry to fund personal-injury lawsuits has become a booming international business in litigation finance. Some litigation-investment firms, such as Juridica and Burford Capital, both incorporated offshore, are publicly traded. Others like BlackRobe Capital Partners and Parabellum Capital, both in New York, are privately held.
March 12, 2014
Legal scholars are calling for tighter regulation of litigation-investment firms. What began as a cottage industry to fund personal-injury lawsuits has become a booming international business in litigation finance. Some litigation-investment firms, such as Juridica and Burford Capital, both incorporated offshore, are publicly traded. Others like BlackRobe Capital Partners and Parabellum Capital, both in New York, are privately held.
Business Leaders, Counsel Drawn to Litigation Financing
February 2, 2014
Getting a boost from a third-party investor in litigation is still a relatively new concept for lawyers and businesspeople in the United States, but it appears to be gaining steam, according to the results of a new survey. The second annual Litigation Financing Survey [PDF], sponsored by Burford Capital, a provider of investment capital and risk solutions for litigation, and conducted by Briefcase Analytics, a business intelligence firm, surveyed private practice lawyers, in-house counsel and financial...
February 2, 2014
Getting a boost from a third-party investor in litigation is still a relatively new concept for lawyers and businesspeople in the United States, but it appears to be gaining steam, according to the results of a new survey. The second annual Litigation Financing Survey [PDF], sponsored by Burford Capital, a provider of investment capital and risk solutions for litigation, and conducted by Briefcase Analytics, a business intelligence firm, surveyed private practice lawyers, in-house counsel and financial...
Burford Capital Gets $40M in New Capital for Litigation Funding
December 5, 2013
Burford Capital Limited, a global provider of investment capital and risk solutions for litigation, is pleased to announce that the offering of $40 million in contingent preference shares by a wholly-owned subsidiary of the Company has been fully subscribed. The issuance of the contingent preference shares – through which institutional investors agree on demand to provide up to $40 million in additional capital to the Company – is consistent with Burford’s prior public statements about its capital...
December 5, 2013
Burford Capital Limited, a global provider of investment capital and risk solutions for litigation, is pleased to announce that the offering of $40 million in contingent preference shares by a wholly-owned subsidiary of the Company has been fully subscribed. The issuance of the contingent preference shares – through which institutional investors agree on demand to provide up to $40 million in additional capital to the Company – is consistent with Burford’s prior public statements about its capital...
Should Insurers Be Concerned About Litigation Funding
June 10, 2013
Though third party litigation funding has just started to grab headlines in the U.S., the funding method has been used in Europe for some time. According to Jonathan Molot, chief investment officer and co-founder of Burford Capital, people in the U.S. didn’t see a need for litigation financing because lawyers can get contingent fees, whereas in England it was a necessity because up until recently lawyers weren’t allowed to work for a share of the recovery. Also, while personal injury and class...
June 10, 2013
Though third party litigation funding has just started to grab headlines in the U.S., the funding method has been used in Europe for some time. According to Jonathan Molot, chief investment officer and co-founder of Burford Capital, people in the U.S. didn’t see a need for litigation financing because lawyers can get contingent fees, whereas in England it was a necessity because up until recently lawyers weren’t allowed to work for a share of the recovery. Also, while personal injury and class...
Burford Inks Deal with Chevron, Says Patton Boggs Hid Truth About Ecuadorian Plaintiffs
May 10, 2013
In its effort to discredit lawyers holding an allegedly fraudulent $19 billion environmental judgment against it, Chevron Corporation has found an unlikely ally: Burford Capital, the world's largest litigation financing company, which in 2010 agreed to invest up to $15 million in the worldwide effort to enforce the mega-judgment.
May 10, 2013
In its effort to discredit lawyers holding an allegedly fraudulent $19 billion environmental judgment against it, Chevron Corporation has found an unlikely ally: Burford Capital, the world's largest litigation financing company, which in 2010 agreed to invest up to $15 million in the worldwide effort to enforce the mega-judgment.
CFOs Shifting from Risk to Growth
March 30, 2013
Miriam Connole thought preparing budgets for a large insurance company was tough enough, considering all the unforeseen risks that can come into play. But then she became CFO of Burford Capital, a London-based start-up that provides seed money for litigation services. Calling it a lumpy business, Connole says the challenges of a start-up can make mundane tasks — like budgeting — all the more difficult. “After budgeting in big organizations, it was so much easier to see the link between a pound...
March 30, 2013
Miriam Connole thought preparing budgets for a large insurance company was tough enough, considering all the unforeseen risks that can come into play. But then she became CFO of Burford Capital, a London-based start-up that provides seed money for litigation services. Calling it a lumpy business, Connole says the challenges of a start-up can make mundane tasks — like budgeting — all the more difficult. “After budgeting in big organizations, it was so much easier to see the link between a pound...
