Burford Seeks to Begin Collecting $16 Billion Argentina Judgment

Burford Capital said it would be seeking court permission to begin attaching Argentine assets within weeks to satisfy a $16 billion judgment, saying it was clear that the South American nation had “no intention” of paying.

In a letter Friday to US District Judge Loretta Preska in New York, London-based Burford said it intended to ask her to set Oct. 16 as the date it can begin efforts to execute the judgment and attach assets. Preska earlier this month ordered Argentina to pay the award over its 2012 expropriation of foreign investment in oil company YPF SA.

Burford, a ...