Burford counterparty wins ICC arbitration award exceeding US$600 million - BUR News | RalliesBurford counterparty wins ICC arbitration award exceeding US$600 million
B
BUR• ICC tribunal issues award in favor of Burford counterparty
- An ICC tribunal issued an arbitration award exceeding USD 600 million in favor of a Burford counterparty.
- If paid in full today, Burford’s entitlement would exceed AUD 250 million, with all returns accruing to its balance sheet.
- No cash proceeds have been received; the matter remains subject to post-award challenges, enforcement hurdles, and collection risk.
•
