Permission to Appeal Rejected

Summary by AI BETAClose X

Litigation Capital Management announced that a funded party was unsuccessful in obtaining permission to appeal a commercial litigation loss, and the investment carried at £5.0 million (A$9.5 million) as at 30 June 2026 will be written off; this crystallizes a £5.0 million impairment that will reduce reported assets and is likely to depress profit and net asset value for the relevant reporting period.

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