Burford Capital potential billion dollar payout

Litigation funder Burford Capital (LON: BUR) shares soared at the end of Friday following a positive New York court judgment in connection with Petersen and Eton Park against the Republic of Argentina and YPF. The likely award is at the higher end of expectations. The share price ended the day up 22.5% to 1343p. That is the highest the share price has been since July 2019, when there was criticism of the company’s accounting policies.

There is still uncertainty about the exact amount of the ...

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