Litigation Capital fires vice chairman after expenses breach
The expenses claims were made in contravention of LCM's Global Expense Guidelines and Policy, it said
Company
Litigation Capital Management Ltd
LON:LIT
Litigation Capital Management Ltd, an alternate asset manager specialising in disputes financing solutions internationally, operates two business models. The first is direct investments made from LCM's permanent balance sheet capital and the second is third party fund management. Under those two business models, LCM currently pursues three investment strategies: Single-case funding, Portfolio funding and Acquisitions of claims. LCM generates its revenue from both its direct investments and also performance fees through asset management.
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Litigation Capital receives £9.8mln in revenue from successful arbitration ruling
The hearing resulted from a construction dispute relating to a development in the Middle East
Litigation Capital Management hails a strong first close to second third-party fund
LCM Global Alternative Returns Fund II aims to bring in at least US$300mln and expects to reach US$400mln by final close
Litigation Capital Management funds and profits climb as scale builds
The number of applications it received rose by 10% to 572 even with the disruption caused by Covid
Litigation Capital Management says successful conclusion to Australian court action should net A$4mln profit
The judgement was obtained in 22 months. The timeline is around five months shorter than average
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Litigation Capital Management on track with second fund
"LCM and our team have performed very well in what has been a tough and disrupted year"
Litigation Capital Management backs action against Govia Thameslink Railway and Go-Ahead Group
"We are seeing an increasing number of competition-based claims in the UK,” said chief executive Patrick Moloney
Litigation Capital Management backs Comet liquidator's High Court claim
Geoffrey Carton-Kelly, a partner of FRP Advisory, brought the action following the collapse of Comet in 2012 with the loss of 6,900 jobs
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Litigation Capital Management hails New Zealand High Court win that should net it NZD$26.8mln
The specialist asset manager specialises in disputes financing
Litigation Capital Management funds Carillion creditors' damages claim against KPMG
Litigation Capital Management is providing litigation finance to fund the claim for damages
Litigation Capital says disputes on the rise as coronavirus restrictions ease
“Market conditions are increasing the demand for disputes finance."
Litigation Capital Management secures credit facility
The credit facility provides LCM with significant additional capital flexibility
Litigation Capital Management: A growth opportunity yet to register on the market's radar
If the 2019 financial year saw the company refine the platform, 2020 marked its growth phase as assets under management moved to A$250mln and then to A$304mln by September
Litigation Capital Management:Initiation of Coverage
Litigation Capital Management (LCM) is an alternative asset manager specialising in disputes financing, with its main operations in Australia and the UK. The company provides funding for litigation in exchange for a share of any settlement
Litigation Capital Management expects more disputes work as insolvencies rise
In March, the companylaunched a US$150m Global Alternative Returns Fund, which is now 61% committed
Litigation Capital Management expects big rise in court cases as coronavirus downturn bites
LCM carries out single-case funding, corporate portfolio funding and claims acquisitions.
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