Dr. Rukia Baruti has joined Burford Capital as an independent non-executive director. Dr. Baruti is the Secretary General of the African Arbitration Association and an experienced independent arbitrator.
Dr. Rukia Baruti has joined Burford Capital as an independent non-executive director. Dr. Baruti is the Secretary General of the African Arbitration Association and an experienced independent arbitrator.
New research commissioned by Burford Capital demonstrates that companies that choose not to opt out of a class action proceeding do so for economic reasons, and that companies with large claims stand to recover more and can preserve their budgets by using legal finance as part of their opt out strategies. The research also shows that companies already using legal financing are opting out three times more often than their competitors.
Jordan Licht has been appointed as Chief Financial Officer of Burford Capital. Mr. Licht was previously the Chief Operating Officer of both Caliber Home Loans and Newrez LLC. He replaces Ken Brause, who becomes a Senior Advisor to Burford and will assist in the CFO transition.
Alphyn Capital makes a compelling case for investing in Burford Capital, pointing to the litigation funder’s strong brand in the market and the looming outcome of its YPF case against Argentina that could net the company proceeds between $1.1 billion and $5.6 billion.
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