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A client of Burford Capital has accused the funder of using an LCIA arbitration to block it from settling several antitrust lawsuits, as well as improperly trying to influence its litigation counsel, Boies Schiller Flexner.
10 March 2023
A UK mining company says it has secured US$10.5 million in third-party funding for a potential investment treaty claim against India over a prospecting licence for a gold project.
02 March 2023
A Swedish-Iranian national who brought a funded ICSID claim against the United Arab Emirates over its refusal to renew his residency permit has dropped his case after the state contested the authenticity of some of his evidence.
01 December 2022
Burford Capital is funding an ICC claim against Nigeria reportedly worth US$400 million arising from the purported settlement of a prior arbitration over a hydropower project.
27 September 2022
London-listed oil and gas company Rockhopper Exploration says it has won €190 million plus interest in an Energy Charter Treaty claim over Italy’s refusal to grant a concession for an oilfield on the country’s Adriatic coast.
24 August 2022
A Singaporean group has secured third-party funding for a US$170 million treaty claim against China over the curtailment of its phosphate mining activities to make way for a panda reserve.
24 August 2022
Rukia Baruti, a long-time promoter of diversity in arbitration and the secretary general of the African Arbitration Association, has joined the board of Burford Capital.
09 August 2022
An English court has said a California businessman is not too late to challenge an LCIA award that requires him to pay more than US$60 million in compound interest to a subsidiary of Burford Capital for breach of a litigation funding deal.
13 July 2022
Third party funder Profile Investment, known as “Pi”, has bolstered its London office with the hire of Cleary Gottlieb Steen & Hamilton counsel Cameron Murphy, who was part of the team that defended Russia in the Yukos arbitrations.
30 June 2022
ICSID has released its new rules for investment disputes, which will take effect in a week’s time – bringing to an end what it calls the “most significant procedural modernisation” in its history.
23 June 2022
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