Burford Capital Says ICC Tribunal Award Exceeding US$600 Million In Favor Of Counterparty
BUR•ICC tribunal award in Cameroon mining arbitration
July 24 (Reuters) - Burford Capital Ltd BURF.L:
- Burford Capital statement re Cameroon mining arbitration matter
- Burford Capital reports ICC tribunal award exceeding US$600 million in favor of counterparty
- Burford Capital says entitlement would exceed AUD$250 million if award paid in full
- Burford Capital Ltd: issuance of award does not represent cash proceeds received by Burford
- Burford Capital Ltd: depending on outcome of proceedings, co could recover substantially less than amount set or incur a total loss
Source text: ID:nPn8vG2lxa
Further company coverage: BURF.L
