‘Everybody Wins’ as Sysco Hands Burford Control of Lawsuits (1)

The public fight between food giant Sysco Corp. and litigation funder Burford Capital over a $140 million deal appears to have ended with both sides getting what they wanted.

The companies told a court last week that they squashed their dispute. Burford is taking full control of price-fixing lawsuits it funded for Sysco, which gets Sysco out of messy legal fights with its suppliers.

“Everybody wins,” said Tom Baker, law professor at University of Pennsylvania. “This case got all the attention that it got because it’s an opportunity for people to hate on legal finance.”

The fight offered a ...