Broker Peel Hunt has initiated research on litigation finance provider Burford Capital (LON: BUR) and is broadly positive about the company, which has been under fire from critics over the past two months. The note is not without criticism for the firm, though.
Peel Hunt believes that there are governance and disclosure problems, but that they are exaggerated. Burford will need to deliver on its promises of better governance and accounting information.
Burford is the global leader in litigation finance so it should lead the way in reporting and explaining its figures. By its nature, Bu...
