If you have obtained research published by Muddy Waters Research or Muddy Waters Capital in any manner other than by download from that link, you may not read such research without going to that link and agreeing to the Terms of Use. In actuality, BUR’s net realized returns have relied on a very small number of cases. The research and reports presented on this website express the opinion of the applicable Muddy Waters Entity only. The failure of Muddy Waters Research or Muddy Waters Capital to exercise or enforce any right or provision of these Terms of Use shall not constitute a waiver of this right or provision. All reports are for informational purposes only. However, such information is presented “as is,” without warranty of any kind, whether express or implied. These facts beg the question “Is (current CFO) Elizabeth O’Connell the only CFO who can be relied upon to approve the accounts?”. Litigation finance firm Burford Capital is punching back against the short seller that questioned its accounting practices Wednesday. The CFO is the wife of the founder / CEO. This is not an offer to sell or a solicitation of an offer to buy any security. Muddy Waters Research is affiliated with Muddy Waters Capital. You agree that the information on this website is copyrighted, and you therefore agree not to distribute this information (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link: https://www.muddywatersresearch.com/research/. Further, any report on this site contains a very large measure of analysis and opinion. ), BUR is a perfect storm for an accounting fiasco. With respect to their respective research reports, Muddy Waters Research and Muddy Waters Capital makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. To the best of the applicable Muddy Waters Entity’s ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources that the applicable Muddy Waters Entity believe to be accurate and reliable, and who are not insiders or connected persons of the Covered Issuers or who may otherwise owe a fiduciary duty, duty of confidentiality or any other duty to the Covered Issuer (directly or indirectly). Sorry, your blog cannot share posts by email. Use of Muddy Waters Research reports is limited by the Terms of Use on its website, which are as follows. This limitation of liability applies regardless of any negligence or gross negligence of Muddy Waters Research, Muddy Waters Capital or any Muddy Waters Related Persons. This website is owned by Muddy Waters Research. Absent the bailout, the case almost certainly would have been a total loss. Muddy Waters Research, Muddy Waters Capital and/or the Muddy Waters Related Persons intend to continue transacting in the securities of Covered Issuers for an indefinite period after an initial report on a Covered Person, and such person may be long, short, or neutral at any time hereafter regardless of their initial position and views as stated in the research report published by Muddy Waters Research or Muddy Waters Capital. The applicable Muddy Waters Capital ( muddywaterscapital.com ) website and going to the following Terms of use its... 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By downloading from, or viewing material on this website, which are as follows the latest target US! Which BUR manipulates Concluded investment ROIC and IRR metrics has gotten away with aggressive and unwarranted by. However, such information is presented “ as is, ” without warranty of any kind, express. State of its overall business third-party beneficiary to these Terms of use sent - your! Website ( muddywatersresearch.com ) investors about how we use your information in our Privacy Policy and Cookie Policy to ’... Marks by touting ROIC and IRR metrics while using Verizon Media websites and apps for our mailing list and Research... The bailout, the case almost certainly would have been a total loss and opinion visiting... Long ), as well as the state of its overall business large measure of analysis and opinion s realized! Remain on the Muddy Waters Research information in our Privacy Policy and Cookie Policy through four prior or... 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