Burford Capital has today issued a 5,000 word “rebuttal” to what it called the “false and misleading” short attack report issued by Muddy Waters, which more than halved its share price.
Litigation funding giant Burford Capital was reeling yesterday after a short-selling attack on its shares saw them lose nearly half their value in a day.
Specialist US class action law firm Scott & Scott has filed an opt-out collective action under the Consumer Rights Act 2015 against five banks that unlawfully manipulated the foreign exchange market.
City law firm HFW has agreed a £25m portfolio litigation funding facility with Augusta Ventures, while also unveiling a development partnership with litigation analytics start-up Solomonic.
Litigation funder Burford Capital has unveiled a 36% rise in operating profit for the first half of 2019 as it continues to make record levels of investments – and in increasingly innovative ways.
National firm Pinsent Masons has agreed a £25m litigation funding facility with Augusta Ventures that offers clients a discount on the funder’s usual success fee.
The “perceived cost” of litigation funding continues to be the biggest barrier to take-up by large companies, but most have still been increasing their use of it, according to a new survey.
Manolete Partners, the litigation funder specialising in insolvency, has seen a surge in interest since listing on the stock exchange, leading to a strong financial performance, its annual results have shown.