Corporate
Nov. 26, 2013
Litigation finance company raises more funds
Burford Capital Ltd. can now bet $340 million on lawyers to win in court - the largest sum in the world of any financier in the legal industry, according to the company.
Daily Journal Staff Writer
A U.K.-based litigation finance company has drummed up another $40 million from investors to put toward commercial litigation. Burford Capital Ltd. can now bet $340 million on lawyers to win in court - the largest sum in the world of any financier in the legal industry, according to the company.
Litigation finance firms front cash for entities to bring expensive complaints. If a lawsuit is successful...
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