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New Burford Quarterly Highlights Strategic Shift: Litigation as a Driver of Corporate Value and Capital Efficiency
Prnewswire· 2025-07-10 14:27
Core Insights - Burford Capital's latest Burford Quarterly highlights the transformative role of legal finance in litigation, shifting it from a cost burden to a strategic business tool [2][4] - The publication emphasizes how legal finance is unlocking hidden value and empowering General Counsels (GCs) to act as strategic value creators for their organizations [2][4] Industry Trends - Affirmative recovery programs are emerging as strategic initiatives that align legal claims with business goals, enhancing liquidity through plaintiff-side litigation [3] - The role of GCs is evolving from legal advisors to strategic partners, focusing on boosting liquidity and driving enterprise value [6] Data Insights - Recent data indicates that 73% of in-house lawyers have reported increased revenue from patent monetization over the past decade, showcasing the growing importance of legal finance in unlocking portfolio value [6] - Legal finance is becoming increasingly central in London, which remains a global hub for commercial disputes, as discussed in a recent Burford Capital roundtable [6]
US Senate Adopts Budget Reconciliation Bill Without Litigation Finance Provisions
Prnewswire· 2025-07-01 18:05
Core Viewpoint - Burford Capital Limited has provided an update regarding the removal of proposed tax provisions related to litigation finance from the US Senate's budget reconciliation bill, which has now been adopted without these provisions [1][2]. Company Overview - Burford Capital is a leading global finance and asset management firm focused on law, offering services in litigation finance, risk management, asset recovery, and various legal finance and advisory activities [3]. - The company is publicly traded on both the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and operates through a global network of offices [3].
Further Statement Re US Budget Reconciliation Bill
Prnewswire· 2025-06-30 11:00
Core Viewpoint - Burford Capital Limited provides an update regarding proposed tax provisions related to litigation finance in the US Senate's draft budget reconciliation bill, highlighting significant changes in tax rates and potential revenue estimates [1][2]. Tax Provisions Update - The proposed tax rate for litigation finance has been reduced to 31.8% from 40.8%, and the withholding tax rate on gains has been lowered to 15.9% from 50% of the tax rate applied to gross proceeds [2]. - The nonpartisan Joint Committee on Taxation has revised its revenue estimates for the tax provisions over the next decade to $1.4 billion, down from previous estimates of $3.5 billion [2]. Legislative Uncertainty - The Senate is still debating the legislation, with several procedural and political uncertainties surrounding both the litigation finance provisions and the overall bill, making the outcome unpredictable [3]. - Burford Capital is currently unable to assess the potential impact of these provisions on its future tax position if enacted in their current form [3]. Company Overview - Burford Capital is a leading global finance and asset management firm focused on law, involved in litigation finance, risk management, asset recovery, and various legal finance and advisory activities [4]. - The company is publicly traded on both the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), operating through a global network of offices [4].
Burford Capital Research Finds Companies Missing Out on Commercial Class Action Recoveries Due to Opt-Out Reluctance
Prnewswire· 2025-06-25 14:00
Core Insights - Burford Capital's research indicates that US companies are missing out on significant value in commercial class action matters by opting to remain in the class rather than pursuing individual claims [1][2]. Group 1: Survey Findings - An independent survey of 301 senior in-house lawyers revealed that 54% of respondents reported potential recoveries exceeding $50 million in the last five years, yet 62% typically chose to stay in the class [2][6]. - The survey highlighted that 71% of in-house lawyers believe opting out could increase their company's recovery by over 25% [9]. Group 2: Barriers to Opting Out - Anticipated litigation costs and uncertainty regarding outcomes are cited as the primary reasons for remaining in the class, with 73% of in-house lawyers identifying litigation costs as a key barrier [3][9]. - Despite 86% of in-house lawyers prioritizing the maximization of recoveries from commercial class actions, 84% would be more inclined to opt out if they were aware of the potential for significantly higher recoveries [9]. Group 3: Legal Finance as a Solution - Legal finance is presented as a solution to eliminate upfront litigation costs, which 73% of in-house lawyers view as a barrier to opting out [3][4]. - Only 39% of in-house lawyers have utilized legal finance for opt-out strategies, indicating a significant untapped opportunity to mitigate costs and maximize recoveries [9]. - Access to monetization financing, which allows businesses to convert expected recoveries into immediate capital, would make 71% of in-house lawyers more likely to opt out [9].
Burford Capital(BUR) - 2025 Q1 - Earnings Call Presentation
2025-05-07 12:16
Burford Capital First Quarter 2025 Financial Results May 7, 2025 This presentation is for the use of Burford's public shareholders and is not an offering of any Burford private fund. Notice & disclaimer This presentation (this "Presentation") provides certain information to facilitate review and understanding of the business, financial condition and results of operations of Burford Capital Limited (together with its subsidiaries, the "Company", "Burford", "we", "our" or "us") as of and for the three months ...
Legal Finance in Practice: Expert Perspectives on Managing Legal Risk, Cost and Uncertainty
Prnewswire· 2025-04-30 13:24
New edition of The Burford Quarterly explores how GCs, law firm leaders and private equity professionals are using finance tools to manage high-stakes litigationNEW YORK, April 30, 2025 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases its latest Burford Quarterly, a journal of legal finance that explores the top trends at the nexus of law and finance. As legal finance continues to be used as a transformative resource for both corporations a ...