• Kirk Hartley

Ironies Abound – Burford, Institute for Legal Reform, Securities Class Actions and Muddy Water

Usually, the Institute for Legal Reform (ILR) subpart of the U.S. Chamber of Commerce attacks class action securities suits as bad things, as illustrated by this February 25, 2019 article. And, litigation funders such as Burford Capital extol the value of litigation.

Ironically, the ILT is now regularly pushing out news that rather breezily points out that Burford is the target of speculation and now a securities class action. In fact, ILR seems not far away from praising “shorts” attacking Burford for overstating its financials, an attack lead by the usually successful team of researchers, investigators and financiers at Muddy Waters.

These are indeed interesting times.

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About Kirk

Since becoming a lawyer in 1983, Kirk’s over 30 years of practice have focused on advising a wide range of corporations, associations, and individuals (as both plaintiffs and defendants) on both tort and commercial law issues centered around “mass torts.”


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