Eton Park

BURFORD CAPITAL STATEMENT ON YPF DAMAGES RULING

Retrieved on: 
Friday, September 8, 2023
PACER, Rule, Virginia General District Court, Uncertainty, IR, Second Circuit Court of the Supreme People's Court, YPF, Face, Supreme Court of the United Kingdom, Case, United States Court of Appeals for the Second Circuit, Lawyer, Judgement, Conclusion, District court, Risk, Burford Capital, Hearing, Supreme court, Court, Supreme, Letter, Hand, Bankruptcy, Sales, Cryptocurrency, Insurance, Life insurance, Argentines, Plaintiff, Republic, Eton Park, Petersen

NEW YORK, Sept. 8, 2023 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today releases the following statement in connection with the September 8, 2023 Findings of Fact and Conclusions of Law (the "Ruling") issued by the United States District Court for the Southern District of New York (the "Court") in connection with the Petersen and Eton Park cases against the Republic of Argentina and YPF (the "Case" or the "YPF Litigation").

Key Points: 
  • We discuss below the computation of potential damages but in round numbers the Court's Ruling implies a judgment against Argentina of approximately $16 billion.
  • In other words, the Ruling results in a complete win against Argentina at the high end of the possible range of damages.
  • The Ruling is a major milestone for Burford and we continue to see momentum in our overall portfolio and continued demand for our capital and services."
  • While Burford offers in this release its views and interpretation of the Ruling, those are qualified in their entirety by the actual text of the Ruling and we caution that investors cannot rely on Burford's statements in preference to the actual Ruling.

DECISION RENDERED IN PETERSEN AND ETON PARK CASES

Retrieved on: 
Friday, September 8, 2023
PACER, Republic, District court, Eton Park, Public access, Petersen, Financial adviser

NEW YORK, Sept. 8, 2023 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces that the United States District Court for the Southern District of New York has released its decision concerning damages and interest in the Petersen and Eton Park claims against the Republic of Argentina.

Key Points: 
  • NEW YORK, Sept. 8, 2023 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces that the United States District Court for the Southern District of New York has released its decision concerning damages and interest in the Petersen and Eton Park claims against the Republic of Argentina.
  • The decision can be found through the Public Access to Court Electronic Records (PACER) system at www.pacer.uscourts.gov and will be posted on Burford's website as soon as possible at http://investors.burfordcapital.com .
  • A further announcement will be made in due course after review and analysis of the decision; it is extremely unlikely that announcement will be made today.
  • For investor and analyst inquiries:

BURFORD CAPITAL STATEMENT ON YPF SUMMARY JUDGMENT RULING

Retrieved on: 
Sunday, April 2, 2023
Rule, Virginia General District Court, Uncertainty, LSE, IR, AIM, In re Opinions and Orders of This Court Containing Novel or Significant Interpretations of Law (2016), United States Court of Appeals for the Second Circuit, YPF, Face, London Stock Exchange, Supreme Court of the United Kingdom, Case, Lawyer, Court, EDT, Judgement, Federal Rules of Civil Procedure, By-law, Republic, District court, Risk, Hearing, Nationalization, Second Circuit Court of the Supreme People's Court, Supreme court, Supreme, Letter, Hand, NYSE, BST, Insurance, Sales, Cryptocurrency, Life insurance, Argentines, Plaintiff, Pacer, Eton Park, Petersen

NEW YORK, April 2, 2023 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today releases the following statement in connection with the March 31, 2023 Opinion and Order issued by the United States District Court for the Southern District of New York (the "Court") in connection with the summary judgment motions filed by the parties (the "Ruling") in the Petersen and Eton Park cases against the Republic of Argentina and YPF (the "Case" or the "YPF Litigation").

Key Points: 
  • The Ruling is a major milestone for Burford and we continue to see momentum in our overall portfolio and continued demand for our capital and services."
  • While Burford offers in this release its views and interpretation of the Ruling, those are qualified in their entirety by the actual text of the Ruling and we caution that investors cannot rely on Burford's statements in preference to the actual Ruling.
  • Unless reversed on appeal, the Court's ruling results in the dismissal of YPF from the case.
  • The Court set out its ruling on damages at pages 53-63 of the Ruling and we refer readers to the actual text of the Ruling.

Merchant Investment Management Expands Internationally with Brainvest Partnership

Retrieved on: 
Monday, December 13, 2021
Finance, Consulting, Banking, Professional Services, Other Professional Services, Solution, Goldman Sachs, Monarch Alternative Capital, Growth, Friends, Succession planning, Apollo Global Management, PE, Geography, Running, Time, Partner, ACM, Eton Park, Stock, Spilker, Risk management, Investment, VC, Investment management, Partnership, Financial services, Drug, Bank, Merchant, Paulo, Brainvest, Merchant Investment Management, LLC, BRAINVEST, MERCHANT INVESTMENT MANAGEMENT, LLC

Recognizing the opportunity to expand internationally, Merchant Investment Management has partnered with Brainvest Wealth Management , a $3 billion multi-shore firm offering wealth planning services and sophisticated, alternative investment solutions to complex, international families and entrepreneurs.

Key Points: 
  • Recognizing the opportunity to expand internationally, Merchant Investment Management has partnered with Brainvest Wealth Management , a $3 billion multi-shore firm offering wealth planning services and sophisticated, alternative investment solutions to complex, international families and entrepreneurs.
  • The strategic partnership with Merchant is a natural evolution as Brainvest brings its talent to the U.S. and Merchant, in turn brings its capabilities into the local markets of Brainvest to help drive broader international expansion.
  • Brainvest provides global and independent solutions in areas including Investment Management (liquid and private assets), Succession Planning, Estate/Financial Planning, Consolidation Systems, Risk Management, and Tax and Offshore Entity Management.
  • Merchant is a private partnership providing growth capital, management resources, strategic opportunities and direction to independent financial services companies, particularly those focused on wealth and asset management.