Helping a Fortune 500 monetize a valuable antitrust claim
- Antitrust & competition
- Monetization
A household name Fortune 500 company had a large meritorious opt-out antitrust claim against producers for anticompetitive collusion. Simultaneously, the company was looking to cut costs due to revenue generation pressures following a brief decline in profits.
Without ceding control of the matter, the client was able to monetize a meaningful portion of the expected proceeds from its opt-out claim and Burford provided $29 million in capital. Burford provided upfront capital for a portion of the opt-out claim, allowing the client to pursue the meritorious litigation without incurring additional downside risk.
The company was able to realize the value locked away in the contingent legal assets significantly in advance of a litigation resolution and was able to use the immediate cash injection for strategic business purposes on the company’s schedule when it was needed.