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Live News EQUITY ARTICLE M impact

Burford says it would be entitled to $1.4 bln of Apple patent verdict

Burford said its funding agreement covers about $1.4 billion of a $5.7 billion verdict won by Taction Technology against Apple. The company warned the award faces post-trial and appeal risks and could settle for less.

BURF.LAAPL.O

7 billion patent verdict won by Taction Technology against Apple, while warning that such large awards rarely survive post-trial proceedings intact. com; +1 (202) 938-5713)