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How Cessna Finance turned arbitration awards into cash: A case study

  • International arbitration
  • Asset recovery
January 11, 2024
Daniel Hall & Tom Brown
Cessna Article Dan H And Tom B

Summary

A recent public Burford-funded matter—Cessna Finance—illustrates how businesses can benefit from assigning awards to a legal finance provider.

Cessna Finance Corporation (“CFC”), a global aviation finance company, found itself with two outstanding and unenforced arbitration awards that were worth a lot of money in theory. But despite their cumulative value of more than $100 million, these unenforced aw…

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