Burford Capital Opts for New Arbitration Venues Amid Concerns Over London’s PACCAR Ruling

Burford Capital, a leading litigation funder, has decided to shift away from using London as its default arbitration seat due to ongoing uncertainty stemming from the Supreme Court’s PACCAR decision. The company’s CEO, Christopher Bogart, announced this shift at a media briefing, pointing out the impact of the ruling on London as a preferred arbitration venue. Instead, Burford Capital is increasingly turning to alternative locations such as Singapore, Paris, and New York for arbitration proceedings. For more details, the full article is available here.