Christopher Bogart, Burford CEO
The deal will also see the litigation funder commit capital to a portfolio of cases, in a transaction type that could become more common.
June 24, 2020 at 04:12 AM
1 minute read
Managing Editor
Burford Capital has bought a major stake in a U.K.-based litigation law firm, in the first example of an investment type that could become common across the industry.
The listed litigation funder is purchasing 32% of disputes specialist PCB Litigation LLP as part of a ‘capital transaction’ tie-up deal, it announced in a statement. In addition, Burford will finance a portfolio of matters on behalf of PCB.
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