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Law360 reports on Burford’s “push back” against ILR’s calls for legal finance disclosure

Law360 notes in its coverage of Burford’s and other funders’ recent joint response to the ILR’s renewed calls for forced legal finance disclosure: “Executives from… Burford Capital [and other funders] told the Committee on Rules of Practice and Procedure… that judges already had mechanisms to investigate financial relationships if the court deemed it necessary and that requiring blanket disclosure in all cases went too far.” The coverage also highlights Chris Bogart’s response to the Committee and quotes Burford directly: “There's nothing substantively new about this latest effort by the U.S. Chamber Institute for Legal Reform. The only difference is the Chamber's attempt to reframe that argument as a conflict between business and the legal finance industry. In fact, business and the legal finance industry increasingly work together."

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