Burford Capital Share Discussion Threads

[bestace] 21/5/2019 20:54

I may be completely misreading this, but I can't see Argentina settling with an election coming up, and possibly not at all.

Now that the jurisdictional issues have been resolved they still have to go through the regular court process, which will itself be subject to further appeals so there is still plenty of opportunity to kick this into the long grass, which if you're Macri means it becomes the next person's problem even if he wins re-election.

And even if they lose the case and all avenues for appeal are exhausted, they can simply refuse to pay and then it becomes a cat and mouse game of enforcement. Argentina can drag that out for years - they have plenty of experience in defending enforcement attempts around the world, and it has to be said, with a fair degree of success in doing so.

[mad foetus] 21/5/2019 20:29

That is a total slam dunk for BUR, so strong that you would have thought Argentina will be forced to settle. One question I would like to know is what interest rate is applied to this claim: as it arises from actions many years ago, that will be material to the outcome.

[lomax99] 21/5/2019 20:19

Thanks for posting.

[bestace] 21/5/2019 19:48

Well it's certainly good news for Burford.

For Argentina... not so much.

[mysteronz] 21/5/2019 19:41

In my non legal brain and some googling that is good news? :)

[bestace] 21/5/2019 19:34

The Solicitor-General of the US files its amicus brief at the Supreme Court in the Petersen/YPF case:



Conclusion:
"The petitions for writs of certiorari should be denied"

Back to the district court we go...

[1tcm1] 21/5/2019 11:30

It must be a bit embarassing to see Nigel Somerville of Shareprophets mounting a full-strength but cack-handed attack on BUR, which is his bosom pal wiggy's largest shareholding.

There is never honour amongst thieves, eh?

[trident5] 21/5/2019 10:25

Thanks Trollwatch - that's really useful and has made my day.

[lomax99] 21/5/2019 06:56

Burford funding deal for AMC action falls through:Https://litigationfinancejournal.com/no-class-action-australian-mining-company-burford-funding-deal-falls/

[galatea99] 20/5/2019 19:15

That link in #6052 is blocked by malwarebytes as a "phishing" site.

[jonwig] 20/5/2019 12:36

LOL - Grizzly not Teddy!

[cockerhoop] 20/5/2019 12:28

The photo at the end of the article suggests he is.

[jonwig] 20/5/2019 12:09

This worked for me - direct click:



... and definitely worth reading despite the typos.
Is this guy a Burford Bear? [Say that with a Brummie accent.]

[arregius] 20/5/2019 11:53

It works well for me... i can even direct link it by clicking on it

[monions01] 20/5/2019 11:49

@Kirkie - the url works as is. If you copy and paste it into a browser it will take you to the website. Or, you can remove the front-end - hxxps:// and then copy/paste.

The full stop should be there.

[jeff h] 20/5/2019 11:23

Interesting read that Arregius. Thanks for posting the link.

[kirkie001] 20/5/2019 11:21

you might need to give some more clues as to what the URL is... is deleting the full stop doesn't work...

[minerve 2] 20/5/2019 10:19

Burford Special Brew

[arregius] 20/5/2019 10:07

A guy on twitter called burford_watch