Burford Capital replaces finance chief to appease investors
(The Guardian Business News)

UK-listed litigation financier bows to pressure and demotes CFO after hedge fund criticismBurford Capital is replacing its chairman and finance chief in an effort to appease shareholders after a US hedge fund made allegations of poor governance and murky accounting practices.Burford, which specialises in funding lawsuits in exchange for a cut of the settlements, has faced criticism over the fact that its chief financial officer, Elizabeth O´Connell, is married to the chief executive, Christopher Bogart. Continue reading...