June 28, 2023
Sysco Corp. and litigation funder Burford Capital have both agreed to voluntarily dismiss their respective suits against each other in a heated dispute in which Sysco claimed Burford blocked the food distributor from settling price-fixing claims against chicken suppliers, according to a pair of notices filed on Wednesday.
May 11, 2023
Sysco's attempt to undo an injunction preventing it from signing price-fixing settlements "fails at the threshold," legal funder Burford Capital Ltd. told a Manhattan federal judge Tuesday, because the company isn't also asking to vacate the preliminary award.
May 04, 2023
Sysco Corp. said it cannot be forced to continue litigating a series of antitrust claims against the country's largest meat suppliers, arguing that litigation financier Burford Capital is using the courts as a casino by blocking settlement deals in hopes of securing a bigger payout.