NEW YORK, July 1, 2025 /PRNewswire/ — Burford Capital Limited, a global leader in law-focused finance and asset management, is providing a crucial update regarding proposed tax provisions that had targeted the litigation finance sector. These provisions, initially included in the U.S. Senate’s draft budget reconciliation bill, have now been formally removed.
Following a ruling by the Senate Parliamentarian deeming these specific provisions ineligible for inclusion, they have been successfully excluded from the bill. The Senate has since adopted the legislation without them.
About Burford Capital
Burford Capital stands as the premier global finance and asset management firm specializing in the legal sector. Its diverse business operations encompass litigation finance and risk management, asset recovery, along with a broad spectrum of legal finance and advisory services. Burford’s shares are traded on both the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR). The firm collaborates with a global clientele of companies and law firms, leveraging its extensive international office network.
For further details, please visit www.burfordcapital.com.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.
This press release does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, the fund manager for all Burford private funds, is registered as an investment adviser with the U.S. Securities and Exchange Commission. The information herein is for informational purposes only. Past performance is not indicative of future results. The content of this press release should not be construed as an offer to sell or a solicitation of an offer to buy any securities, including interests or shares in Burford’s private funds. Such offers or solicitations can only be made through a final confidential private placement memorandum and other relevant offering documents.
Forward-looking statements
This press release contains “forward-looking statements” as defined under Section 27A of the U.S. Securities Act of 1933, and Section 21E of the U.S. Securities Exchange Act of 1934, intended to be covered by their respective safe harbor provisions. Statements containing words such as “aim,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “guidance,” “intend,” “may,” “plan,” “potential,” “predict,” “projected,” “should,” or “will,” or their negative counterparts or similar terminology, are indicative of forward-looking statements. While Burford believes its forward-looking statements are based on reasonable assumptions and are made in good faith, these statements inherently involve known and unknown risks, uncertainties, and other factors that could cause actual results and events to differ materially and unfavorably from those projected or implied. Potential factors that could cause discrepancies include, but are not limited to, those detailed in the “Risk Factors” section of Burford’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission on March 3, 2025. Readers are advised to consider these factors, along with other cautionary statements in Burford’s periodic and current reports filed with or furnished to the SEC. Many of these factors are beyond Burford’s control, and new risks may emerge. Furthermore, Burford cannot predict the precise impact of each factor or combination thereof on its business or the extent to which actual results might diverge. Consequently, undue reliance should not be placed on Burford’s forward-looking statements.
All subsequent written and oral forward-looking statements attributable to Burford or its representatives are expressly qualified in their entirety by these cautionary statements. The forward-looking statements herein are effective as of the date of this press release. Burford assumes no obligation to update or revise any forward-looking statements, whether due to new information, future events, or otherwise, except as required by applicable law.
View original content: https://www.prnewswire.com/news-releases/us-senate-adopts-budget-reconciliation-bill-without-litigation-finance-provisions-302496015.html
SOURCE Burford Capital Limited
Original article, Author: Jam. If you wish to reprint this article, please indicate the source:https://aicnbc.com/3782.html
