. >> reporter: christopher bogart is the ceo of burford capital. litigants and takes a chunk of their reward if they win. >> we are a multibillion dollar company because litigation is expensive and there's an awful lot of demand from businesses for this kind of solution. >> reporter: so is it a loan? >> it's a nonrecourse financing. >> reporter: what does nonrecourse -- what does that mean? >> what it means is that if the case that we're financing doesn't succeed, then we don't get our money back. and so it's different from a loan in the sense that a loan obviously you're always having to pay back the principal. >> reporter: if your side loses, you get nothing? >> that's correct. >> reporter: still, craig underwood was torn because if he won the appeal, burford would get a big chunk.hechce4 llion f. soon after, he won the appeal and the 23 million, but then he had to pay his lawyers and square away with burford. >> we had to give them $8 million to pay for the 4 that we got and the 4 that was their -- >> reporter: did you think when you realized th