Burford Leans on Portfolio Strength After Court Loss, Stock Dive

Experts are commenting on the impact of the reversal of the $16.1 billion YPF award, with some viewing the resulting hit to Burford’s shares as a stark reminder of the binary, high-risk nature of litigation finance, while others emphasize the resilience of diversified portfolios like Burford’s and argue the setback is temporary given the funder’s broader asset base and potential recovery paths through appeals or arbitration. More from Bloomberg Law.

For its part, Burford reiterated that it has always treated YPF as separate and apart from its core business, which “is based on a portfolio of many hundreds of valuable cases” which is expected to produce more than $5 billion in cash proceeds over time and has already produced more than $1.2 billion in cash in just the last two years. Read more.