Litigation & Arbitration
Aug. 19, 2024
A glimpse into the secret world of litigation funding agreements
The key events of the complex legal battle between Sysco and Burford over their third-party litigation funding agreement and Sysco's ability to settle the underlying antitrust suits without Burford's consent.
Lisa Baker Morgan
Shutterstock
Food distributors filed several class actions against their animal protein suppliers alleging price fixing. Sysco opted out and brought its own direct antitrust actions. See Sysco Corp. v. Tyson Foods, et al., No. 18-cv-700 (N.D. Ill.); Sysco Corp. v. Agri Stats Inc., et al., No. 21-cv-1374 (D. Minn.); Sysco Corp. v. Cargill Inc., et al., No. 22-cv-1750 (D...
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