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.


Disclaimer

This section of Burford’s website is intended for the use of Burford’s public investors and is required to be provided under AIM Rule 26. Burford also maintains a separate private funds business. Information presented here is not intended for the use of private fund investors, nor is it presented in the appropriate form for such investors. Moreover, Burford does not present this information as a solicitation of private fund investment, which occurs only through appropriate offering documents.