• Press

The Australian features Burford in special report

In a special report for The Australian, Christopher Niesche highlights Burford’s entry into the Australian legal finance market, which is shifting from consumer actions to corporate litigation. Niesche notes that “there are already more pieces of individual corporate litigation funded in Australia than class actions, but the funding arrangements usually go unreported." He points out that a key feature of this market shift will be that “Burford… [plans] to introduce portfolio funding for corporate legal matters… by pooling several claims the risk is spread and so the litigation funder can charge less.”

Burford’s Craig Arnott is quoted extensively in the coverage: “[The scale of our capital] puts us in a completely different league to every other funder. We will deploy that in Australia, if the cases come along, and without limit. We don’t set ourselves a limit.”

Read the full article.