Litigation funder Burford Capital reported Thursday that it generated $486 million in cash during the first half of 2020, sending stock prices in London upwards as the company prepares for a public listing on the New York Stock Exchange later this month.

Burford’s shares on London’s AIM exchange rose 7.5% on the news that receivables climbed by 35% compared to the same period in 2019, closing trading at £672.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]