UK High Court Delivers Absolute Victory for the El Husseiny Family (some of whom were advised by Debenhams Ottaway) in Case Against Invest Bank UAE [Yahoo! Finance]
Burford Capital Limited Ordinary Shares (BUR)
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burcon.ca/investors/corporate_factsheet.php
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Source: Yahoo! Finance
All the Bank's remaining claims have now been dismissed by the English High Court. The full judgment on the case is available here LONDON, November 21, 2024 BUSINESS WIRE )--In a decisive ruling, the High Court of England and Wales (the "High Court") has unequivocally found in favour of and dismissed all claims against the El Husseiny family (the "Family") and Virtue Trustees (Kendris) their institutional Swiss wealth adviser, bringing an end to a protracted legal battle in the UK initiated by the Sharjah Government-owned Invest Bank (the "Bank"), with the backing of litigation funder Burford Capital. The litigation, spanning four years and nine jurisdictions, arose from allegations that Lebanese businessman Ahmad El Husseini acted as a guarantor for credit facilities granted to two UAE companies: Commodore Contracting Company and Al Tadamun Glass and Aluminium Company in 2015 and 2016, respectively. Ahmad always maintained that these guarantees were never given and that the do
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- Burford Open to Argentine Bonds for $16 Billion Judgment [Yahoo! Finance Canada]Yahoo! Finance Canada
BUR
Sec Filings
- 11/22/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/14/24 - Form SC
- BUR's page on the SEC website