Burford Capital stands to collect more than $5 billion after backing a moonshot case for investors burned by Argentina’s nationalization of oil company YPF.
September 08, 2023 at 06:57 PM
3 minute read
Latin America Correspondent
Litigation funder Burford Capital Limited stands to collect more than $5 billion from a case it helped finance against the Republic of Argentina in the Southern District of New York.
U.S. District Judge Loretta Preska in Manhattan ruled Friday that Argentina owes investors roughly $16 billion stemming from a pair of long-running breach of contract lawsuits.
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