Case Study

Providing urgently needed cash to a company with year-end financial obligations

Challenge: Client urgently needed capital before fiscal year end

A national food services provider opted out of a class action and engaged another funder to monetize a pool of antitrust claims. However, the funder’s term sheets unexpectedly offered capital on a recourse basis, requiring repayment regardless of case outcome. The change effectively transformed the deal into debt—which the client’s accounting department would not approve.

Having already accounted for the expected cash flow from the monetization in its year-end financials, the client needed to secure replacement capital in less than two weeks.

Solution: $10 million in working capital

Burford conducted diligence expeditiously and, within ten days, advanced $10 million against the potential award on a non-recourse basis.

Impact: Counsel of choice won $110 million award

An immediate $10 million increase in liquidity reduced the company’s opportunity cost and increased its liquidity in line with its year-end financials.

Contact our team

To discuss an opportunity or learn more about how Burford helps law firms and their clients maximize returns on their legal assets, reach out to our team. 

Read Kelly Daley's Profile
Kelly Daley

Kelly Daley

Managing Director

Read Mick Smith's Profile
Mick  Smith

Mick Smith


Read Quentin Pak's Profile
Quentin Pak

Quentin Pak


Read Matt Lee's Profile
Matt Lee

Matt Lee