Burford Experiences Profit & Net Income Reduction for 2019
Burford Capital, the world’s largest litigation funder, is forecasting a $20-$30MM YoY reduction in net realized gains (proceeds from concluded claims), and a $50-$70MM YoY reduction in unrealized gains (valuation of claims currently in process). Burford insists that timing is the real culprit here, claiming that if the company had been able to report a month later, its financials would look very different.
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