Burford Capital, the world's largest litigation funder, is getting into the business of lending to law firms, the firm's CEO announced during an earnings call Tuesday. Burford announced record income and record amounts of new investments during the first half of 2015.
July 28, 2015 at 06:09 PM
1 minute read
The original version of this story was published on Law.Com
For a third straight year, Burford Capital Limited, one of the world’s largest litigation funders, posted record income for the first half of the year.
On Tuesday, the funding firm reported $30.7 million in profits from its litigation investments for the six months of 2015, 64 percent higher than the same period in the previous year. Burford’s overall income of $40.6 million, which includes other litigation-related revenue, was up by nearly half over 2014.
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