Sysco Corp. says a litigation funder that gave the food distributor $140 million to pursue price-fixing lawsuits is blocking it from hiring new lawyers in the cases.
Burford Capital Ltd. is seeking to scuttle settlements in at least two of the lawsuits, in which Sysco accuses poultry processors and meatpackers of antitrust violations. The funder has also prevented Sysco from getting new lawyers, according to the company.
“Sysco has not been able to secure the replacement counsel of its choice,” the company said in a court filing, because of Burford’s meddling in the settlement discussions. Burford has also refused to ...
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