Burford Capital

NEW YORK , June 30, 2025 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today issues the following update to its June 17, 2025 statement in connection with proposed tax provisions relating to litigation finance included within the US Senate's draft of the budget reconciliation bill. In revisions to the bill over the weekend, the proposed tax rate has been reduced to 31.8% (instead of 40.8%) and the withholding tax rate has been reduced to 15.9% of gains (instead of 50% of the tax rate applied to gross proceeds).» Mehr auf prnewswire.com

Costs and uncertainty cited as key barriers to opting out—legal finance offers a solution NEW YORK , June 25, 2025 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases new research showing that US companies are routinely leaving substantial value unclaimed in commercial class action matters by choosing to remain in the class rather than pursuing individual opt-out litigation. The independent survey of 301 senior in-house lawyers at US-based companies found that, although 54% report that their companies had potential commercial class action recoveries exceeding an aggregate of $50 million in the last five years, 62% reported that their companies always or usually chose to stay in the class.» Mehr auf prnewswire.com

NEW YORK , June 17, 2025 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today issues the following statement in connection with proposed tax provisions relating to litigation finance included within the US Senate's draft of the budget reconciliation bill as released late yesterday. As has been widely reported, the US Congress is wrestling with a wide-ranging budget reconciliation process – "the One Big Beautiful Bill".» Mehr auf prnewswire.com