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Burford investment highlighted as creative approach to financing bankruptcy

The use of outside finance has grown explosively in many areas of the legal sector. However, corporate restructuring/insolvency practitioners have been somewhat slower to adopt legal finance—despite having much to gain from it.

In addition to providing an overview of litigation finance, the article also highlights the investment Gerchen Keller Capital (which later acquired by Burford) made in the Magnesium Corp. as one example of how innovative financing can be used in bankruptcy proceedings.

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