Organisation: Waters

US chemical companies settle multibillion-dollar environmental claims

The DuPont Company and its spin off business Chemours have reached a US$4 billion settlement of several claims, including an AAA arbitration, relating to environmental liabilities for the production of “forever chemicals.”

28 January 2021

How an asset recovery team can help enforce against a sovereign state

Sovereign states have more resources, legal protections and avenues to deter or delay enforcement than your typical debtor. Given the many hurdles involved in proceedings against them, Phoebe Waters of Burford Capital explains why claimants with an award against a state are wise to engage an asset recovery team to assist them with enforcement.

08 October 2020

Burford loses London Stock Exchange trading data lawsuit

Litigation financing fund Burford Capital has lost its attempt to force the London Stock Exchange to hand over information that it says could prove it was the victim of market manipulation.

18 May 2020

Hedge fund takes second swipe at Burford

Third-party funder Burford Capital has been accused of manipulating its 2019 financial results in a second report by US hedge fund Muddy Waters.

12 May 2020

UK regulator closes Burford market manipulation probe

The UK’s financial markets regulator has found no evidence of an alleged spoofing attack against third-party funder Burford Capital.

02 April 2020

Vannin staff halved following Fortress buyout

Two months after it acquired Vannin Capital, Fortress Investment Group has closed the third-party funder’s US and German offices and halved the number of staff as it pursues a change in direction.

12 November 2019

Burford sues to identify alleged market manipulators

Burford Capital has sued the London Stock Exchange in a bid to identify investors which the litigation and arbitration funder says illegally wiped £1.7 billion from its value.

02 October 2019

Burford announces governance overhaul

Embattled disputes funder Burford Capital is replacing its chairman and chief financial officer as it bows to investor pressure following an attack on its governance and accounting practices that led its share value to fall by 65% last week.

16 August 2019

Burford fights back after hedge fund takes aim

Third-party funder Burford Capital has strongly denied accusations contained in a report by a US hedge fund that led to a 65% drop in its market capitalisation.

09 August 2019

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