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-0.00470588235294108 -0.0162117647058822 -0.0162117647058822 -0.00470588235294108 -0.00235294117647054 -0.0117647058823529 -0.0211764705882353 -0.0188235294117647
Stock impact report

Burford Capital Statement Re YPF Appeal Decision

Burford Capital Limited Ordinary Shares (BUR) 
US:NASDAQ Investor Relations: burcon.ca/investors/corporate_factsheet.php
Company Research Source: PR Newswire
NEW YORK, March 27, 2026 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, announces that the United States Court of Appeals for the Second Circuit (the "Second Circuit" or the "Court") released its opinion in the YPF matter today, with a majority of the three-judge panel reversing the District Court's entry of judgment in favor of Petersen and Eton Park.  Judge Cabranes dissented and would have affirmed the judgment.Second Circuit decisionThe Court's opinion discussed "the Republic's knowing and flagrant violation of the promises it made to foreign investors" and noted:None of the parties, including Argentina, dispute that Argentina violated YPF's BylawsArgentina touted its commitment to tender for minority shareholders' shares and provide a compensated exit in the event of Argentina retaking control of YPFArgentina's "reason for doing so was plainly to assure private investors – many of whom were based in the Un Show less Read more
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