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Burford Eyes 37,000% Return in $16 Billion Argentina Award - Vimarsana News

Burford Eyes 37,000% Return in $16 Billion Argentina Award

(Bloomberg) -- Burford Capital’s share of the $16 billion a US judge in New York ordered Argentina to pay over its 2012 seizure of oil company YPF SA is around $6.2 billion, which would give the litigation funder a more than 37,000% return on its initial investment.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech

Source: yahoo.com