Christopher Bogart, CEO, Burford Capital.
The new fund is aimed at law firms and their clients wanting to "manage the frequent and significant delays" in postsettlement payouts.
April 09, 2019 at 03:39 AM
1 minute read
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U.K.-listed litigation funder Burford Capital has raised a $300 million fund to offer law firms and clients financing solutions after a settlement has been reached.
The fund offers early payment options to law firms that are waiting on payment of fees from their clients after a settlement has been agreed to in a case, or by the clients themselves who wish to expedite the payout of their settlement.
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