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Law360 reports on Burford’s novel CFO research

October 11, 2019

In an article for Law360, Sam Reisman reports on Burford’s 2019 Managing Legal Risk Report: A Survey of CFOs and Finance Professionals, focusing on the significant value companies routinely lose to abandoned claims and unenforced judgments. Reisman notes that “…a 63 percent majority of polled finance professionals said their companies have opted to abandon claims… This was especially true at large companies with $10 billion or more in annual revenue, where 73.3 percent of respondents said they chose to abandon the claims.”

Read the full article (subscription only).