19/10/2009
Ogier has acted as Guernsey legal adviser on the establishment of
Burford Capital Limited ("Burford"), a litigation financing investment fund. Burford has raised approximately US$130 million through the successful placing of its ordinary shares in connection with its initial public offering on the AIM Market of the London Stock Exchange plc. Dealing in Burford's ordinary shares will commence on 21 October 2009.
The initial public offering is worldwide the largest ever to date for a litigation finance investor and is the second largest initial public AIM offering of 2009.
Burford is a Guernsey company established as a registered, closed-ended collective investment scheme.
The Ogier team was led by
Roger Le Tissier, of the firm’s Guernsey office, assisted by senior associate
Bryon Rees and associate
Rachael Sanders.
