Burford's Michael Sternhell in Bloomberg Law on the growth of securities fraud litigation outside the US
- Securities litigation
Burford Director Michael Sternhell provides his expertise in a Bloomberg Law piece on the growth of securities fraud litigation in jurisdictions outside of the United States.
“'We expect there will be a continued increase in case filings in jurisdictions like the Netherlands and Australia where the law is generally favorable for investors, and the courts have demonstrated they can deal with cases relatively efficiently,'" he says.
The article continues, with commentary from Sternhell: "Other jurisdictions, like the UK, can present challenges but recent settlements show 'investors can obtain substantial recoveries in meritorious cases if they work with the right counsel and legal finance partners willing and able to commit the resources necessary to see cases through to a successful conclusion.'"