Ogier Guernsey advises Burford Capital on further capital raising

Ogier Guernsey has acted for Burford Capital Limited in its raising of a further £110 million by way of a placing of shares.  Burford Capital is an AIM listed, Guernsey authorised, closed- ended investment scheme, established in 2008 to provide litigation funding.  The placing of further shares follows the company’s October 2009 IPO on the London Stock Exchange, when it raised £80m, which was the City’s second-largest listing last year and the biggest capital-raising in the history of dispute financing. Burford Capital focuses exclusively on US litigation cases and is increasing their interests in commercial dispute financing investments.

Ogier partner Roger Le Tissier advised on this matter and was assisted by Senior Associate Bryon Rees.