Burford Capital Seeks Dismissal of Tyson Foods’ Counterclaim in Price-Fixing Litigation

In the ongoing consolidated litigation over alleged price-fixing in the chicken industry, litigation financier Burford Capital is contesting a counterclaim made by Tyson Foods. The claim, which Tyson included with its answer in the case, accuses other parties of interfering with settlement efforts. Burford contends that the claim should be dismissed, arguing that it is underpinned solely by speculative assertions, characterizing it as a “fishing expedition.” The arguments were presented to an Illinois federal judge, who is overseeing the litigation against America’s major chicken producers.

For further reading on the intricacies of the case and the positions taken by Burford Capital, please visit Law360.