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How the food industry at large is using their invisible assets to power a rebound

  • Rufus Caine III, Suzanne Grosso

Food companies have been among the hardest hit by the Covid-19 pandemic. 

Reduced operating capacity has left many restaurants facing unprecedented cash constraints and business pressures; meanwhile, food service suppliers have been dealing with the logistical bottlenecks associated with distribution disruption. And although service economies are beginning to reopen, one industry source predicts that US restaurant revenue won’t return to 2019 levels until 2023.

Against this background, liquidity and certainty are business imperatives for many in the restaurant and food industries. Consequently, many are seeking creative solutions to increase liquidity and contain costs on guaranteed terms—by unlocking the latent asset value of meritorious litigation and arbitration claims with legal finance.

 

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About the authors

Rufus Caine is a Senior Vice President with responsibility for helping companies, in-house legal teams and their law firms optimize the value of their legal assets, including providing financing to maximize recovery proceeds and build high-value affirmative recovery programs.

Suzanne Grosso is a Vice President with responsibility for assessing and structuring investments in high-value commercial litigation matters. Prior to joining Burford, she was Associate General Counsel and Head of Litigation for TIAA, where she drove strategy and actively managed significant litigation for the Fortune 100 financial institution.

Read Rufus Caine III's Profile
Rufus Caine III

Rufus Caine III

Senior Vice President

Read Suzanne Grosso's Profile
Suzanne Grosso

Suzanne Grosso

Vice President