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Follow the money: Inside the world of judgment enforcement and asset recovery

January 22, 2026
Matthew Toma & Michael Redman

Summary

In this video, Michael Redman and Matt Toma explain how funded asset recovery helps businesses turn unpaid judgments and arbitration awards into real cash by combining capital with deep in-house enforcement expertise.

Matt Toma: Burford is the world's leading legal finance provider with unmatched expertise in asset recovery. Funded asset recovery is a solution that combines capital and expertise to help clients enforce court judgments and arbitration awards when debtors refuse to pay.

Michael Redman: There is no automatic payment mechanism in the legal system. Winning in court is sometimes only the beginning. Judgments remain unpaid because enforcement is costly and complicated as well as uncertain. Only 2% of in-house lawyers say they recover 100% of the value of their judgments and awards.

Matt Toma: Funded asset recovery transforms judgments into real income for businesses. Burford provides financing to cover enforcement costs, or we can purchase judgments and awards outright. When immediate liquidity is preferable to the carrying costs and risks of recovery in-house, purchasing judgments and awards outright can be a great option. Clients receive upfront capital that converts legal paper into cash.

Michael Redman: Unless we buy the judgment, the client remains in the driving seat. Unlike other funders, Burford has a deep tracing and enforcement expertise in-house, increasing our ability to assess cases and see them through. We have a deep track record of doing this kind of work all over the world, from common law jurisdictions to civil code countries onshore and offshore.

Matt Toma: We try to leverage the international networks that the debtors themselves have sought to exploit. So just because they're based in a country with a less than ideal legal system, it doesn't necessarily follow that their assets are.

Michael Redman: It's often the best option when assets are concealed overseas or hidden behind complex corporate structures. It's valuable when businesses lack the resources, time and expertise to manage enforcement effectively. Whether Burford funds, enforcement or purchases judgments, our capital is non-recourse, not debt or loan. We have an interest in recoveries only when and if the recovery succeeds.

Matt Toma: They gain access to enforcement specialists with extensive global experience. We combine scale, transparency and a proven track record of cross-border enforcement, and we offer flexible arrangements that adapt to the needs of each case. When clients fund their enforcement with Burford, they can be confident that they have the right partner in place to recover what they're owed.