Speaking to Business Insider Burford Capital Managing Director Emily Slater and Director Connor Murphy highlighted Burford's commitments to insolvency and bankruptcy-related matters in 2020 being up around 20% from approximately $83 million in 2019 as well as the continued opportunity for legal finance in 2021.
The article focuses on an expected surge in bankruptcy filings and related litigation as business conditions return to normal with Emily quoted as saying "Everybody's watching to make sure that creditors throughout the capital structure are protected and that assets aren't being spun out of the company or spun away to a specific group of creditors or equity holders. And those are the kinds of things that tend to lead to litigation."