Burford Capital Limited (“Burford”), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three months ended March 31, 2023 (“1Q23”).1 Burford’s report on Form 6-K for 1Q23, including unaudited condensed consolidated financial statements (the “1Q23 Quarterly Report”), is available on the Burford Capital website at http://investors.burfordcapital.com.

The European Litigation Funding Association (ELFA) is very pleased to announce that Stonward, a litigation funder focusing on Spain and Latin America, has joined ELFA, as the association now builds towards becoming the collective voice of the European Litigation Funding Industry.

Executive Summary

• Consumer legal funding is a much more consistent and predictable asset class
• Headline risks, while real in the earlier days of the industry’s evolution, are now consistent with more mature consumer finance asset classes
• Consumer legal funding has a strong ESG component through the social benefits provided to the segment of society that relies on it the most

“The emergence of legal insurance products has been a game changer in allowing both clients and law firms to lock in judgments, ring fence potentially deleterious outcomes, and provide for certainty where uncertainty used to be the rule.”

– Ross Weiner, Legal Director at Certum Group 

In this episode, we sat down with Reid Zeising, Founder and CEO of Atlanta-based Gain (formerly Gain Servicing and Cherokee Funding). Reid discussed Gain’s new AI-powered platform that addresses the operational and…