Burford Considers Arbitration After 2nd Circ. Tosses $16B Win

By Nadia Dreid · March 30, 2026, 9:11 PM EDT

Burford Capital Ltd. says it is contemplating taking its $16 billion fight with Argentina into international arbitration after the Second Circuit wiped out a judgment the litigation funding firm had won...

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Case Information

Case Title

Petersen Energia Inversora, S.A.U. et al v. Argentine Republic et al

Case Number

1:15-cv-02739

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

April 08, 2015


Case Title

Eton Park Capital Management L.P. et al v. Argentine Republic et al

Case Number

1:16-cv-08569

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

November 03, 2016


Case Title

Argentine Republic v. Petersen Energia Inversora, S.A.U.

Case Number

23-7370

Court

Appellate - 2nd Circuit

Nature of Suit

 

Date Filed

October 16, 2023


Case Title

Argentine Republic v. Eton Park Capital Management, L.P.

Case Number

23-7376

Court

Appellate - 2nd Circuit

Nature of Suit

 

Date Filed

October 16, 2023