The Wall Street Journal reports on the decision in the Petersen and Eton Park cases, a Burford investment to recover compensation owed for the unlawful expropriation of YPF shareholders, which is the largest judgment in the history of the Southern District of New York (S.D.N.Y.).
The article states: "Burford Chief Executive Christopher Bogart applauded the decision. The stock price has surged since the court ruled in Burford’s favor in March.
'I’m pleased to see this extraordinary win and the value it could create for our shareholders once we complete the litigation process and collect from Argentina,' he said in a statement."