Arbitration caseloads continue to rise, as do the cost and expense to pursue them. As a result, claimants and their law firms are increasingly seeking financing solutions.
We help clients engaged in energy arbitration fund fees and expenses and unlock the value of pending claims and unenforced awards—and manage the variety of unique challenges and risk management needs associated with these matters.
Of respondents to a recent survey on energy disputes said they believed there would be an increase in third-party funding of energy-related disputes in the coming years
Arbitrations are time-consuming endeavors, with durations averaging 2.5 years for an ICC arbitration and 4.5 years for an ICSID arbitration
In the 2023 GAR 100 survey, law firms reported 208 funded arbitrations—the second highest number reported by law firms in GAR survey history, and the second time that the number of funded cases has surpassed 200
When The Petersen Group bought shares of Argentine government-controlled energy company YPF in an initial public offering, it was promised that if the energy company were re-nationalized, Argentina would pay fair value to shareholders. When Argentina ignored that promise and expropriated a controlling stake in the energy company, share value fell sharply—causing Petersen, the largest minority shareholder, to become insolvent. The YPF legal claim represented Petersen’s most significant asset and its best path toward creditor repayment. Nevertheless, progress stalled because Petersen lacked the resources to pursue a protracted legal claim on its own and traditional capital providers were unable to recognize the asset value of the claim. Using the company’s claim as collateral, Burford provided the financing the company needed to move forward, ensuring the company would have the resources to pursue the case without being forced into an early settlement—eventually resulting in a final judgment of $16 billion dollars against Argentina.
Businesses have significant value hidden in their legal departments. Legal finance can offer holistic solutions for business across different sectors, reflecting their unique needs, risks and priorities when it comes to managing costs and generating value.
The simple but profound truth is this: Business leaders know how to make money by investing in their own businesses. Thus, spending on the business is unquestionably more impactful than spending on non-core litigation events with binary outcomes. When Burford funds a company’s disputes, that company conserves capital to invest in revenue generating activities. When we monetize a business’s expected entitlement from a pending litigation or arbitration, we unlock significant capital that becomes immediately available to invest in revenue generating activities.
Now in our 15th year, we look forward to helping more businesses use legal finance capital to unlock the value in their legal departments and reframe them from overhead to capital source.
Burford routinely works with Fortune 500 and FTSE 350 legal and finance teams to fund and monetize high value litigation and arbitration, enforce judgments and maximize corporate returns.
As the world’s largest legal finance provider, Burford has ample permanent capital to fund clients’ commercial litigation, arbitration and enforcement needs.
Top ranked in the industry with more than 160 staff, including 60 lawyers.
With litigation finance as well as enforcement expertise entirely inhouse, Burford can respond quickly and comprehensively to clients’ needs.
Burford is the gold standard for legal finance—dual-listed in New York and London (NYSE: BUR, LON: BUR).
Burford's experts can help businesses find value hidden in their legal departments. Reach out to our team to learn more or to discuss a potential financing opportunity.
Dubai
Daniel Hall
Dubai
Sylvia Chandel
Dubai
Joe Durkin
