US Budget Bill Adopted Without Lit Fin Provisions
US Senate removed proposed tax provisions on litigation finance from budget bill.
Select text to share a quote on X · sign in to keep highlights & notes in your BUR notes
Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today issues the following update to its June 17, June 30, and July 1, 2025 statements in connection with proposed tax provisions relating to litigation finance included within the US Senate's draft of the budget reconciliation bill.
Based on the Senate Parliamentarian's ruling that those provisions were not eligible for inclusion in the bill, they were removed. The bill has now been adopted by the Senate without containing those provisions.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.