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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.
By Blake BrittainUK-listed litigation funder Burford Capital NYSE:BUR said on Monday that its funding agreement would entitle it to about $1.4 billion of a landmark $5.7 billion patent verdict won by Taction Technology against Apple NASDAQ:AAPL, while warning that such large awards rarely survive p…