Litigation Capital Management Ltd Global cooperation agreement with law firm (8044T)
25 March 2019 - 6:01PM
UK Regulatory
TIDMLIT
RNS Number : 8044T
Litigation Capital Management Ltd
25 March 2019
25 March 2019
Litigation Capital Management Limited
("LCM" or the "Company")
Global cooperation agreement with leading international law
firm
Litigation Capital Management Limited (AIM:LIT) (LCM), a leading
international provider of litigation financing solutions, announces
that it has entered into a global cooperation agreement with a
leading international law firm.
The global cooperation agreement puts LCM in prime position to
finance disputes undertaken by the law firm and its clients. LCM
has agreed to make available access to significant funding for
disputes as they arise for the law firm and its clients, regardless
of geography or jurisdiction; that meet the Company's rigorous due
diligence process.
The law firm, which is headquartered in London, operates across
six continents through a network of 50 offices and over 400
partners. The law firm is one of the most active in the litigation
space globally and works with clients across sectors including
aviation, energy and natural resources, infrastructure, trade and
commodities, and insurance.
Patrick Moloney, Chief Executive Officer of LCM, said:
"We're delighted to have agreed this global cooperation
agreement with one of the leading law firms worldwide and one of
the most active in the litigation space. The partners at the firm
will have access to funding that LCM is providing, regardless of
jurisdiction or geography.
"Our on-the-ground presence through offices in London, Sydney
and Singapore allows us to support the law firm and its clients.
This agreement will increase the number of potential funding
opportunities available to LCM, in addition to our already
substantial pipeline of investment opportunities, which we
continually evaluate in line with our rigorous due-diligence
procedures."
CONTACTS
Litigation Capital Management
Patrick Moloney, Chief Executive Officer
Nick Rowles-Davies, Executive Director
Hawthorn Advisors lcm@hawthornadvisors.com
Lorna Cobbett / Zinka MacHale Tel: 020 3745 4960
NOTES TO EDITORS
About LCM
Litigation Capital Management ("LCM") is a leading international
provider of litigation financing solutions. This includes
single-case and portfolios across class actions, commercial claims,
claims arising out of insolvency and international arbitration. LCM
has an unparalleled track record, driven by effective project
selection, active project management and robust risk management.
Headquartered in Sydney, with offices in London, Singapore,
Brisbane and Melbourne, LCM has been listed on AIM since December
2018, trading under the ticker LIT. www.lcmfinance.com
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END
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