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Litigation

Mar. 20, 2015

Litigation financing firms report uptick in demand

In 2014, litigation finance company Burford Capital Ltd. saw money committed to new investments triple, while competitor Bentham Capital LLC saw its number of funded deals quintuple.


By Alison Frost


Daily Journal Staff Writer


Demand for litigation financing tripled in 2014 for Burford Capital Ltd., one of the largest and most prominent companies in the space.


The New York-based firm, which is publicly traded on the London Stock Exchange, saw a 43 percent increase in operating profit, but that isn't what demonstrates increased demand, said Christopher P. Bogart, Burford Capital's chief executive officer.


I...

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