Termination Notice on Funded Collective Action

Summary by AI BETAClose X

Litigation Capital Management Limited has received a termination notice for a funded collective action in the Competition Appeals Tribunal, which it disputes and is contesting with legal representation and discussions with capital providers. The company has invested A$2.7 million of its own capital into the case, which was valued at A$2.4 million as of June 30, 2026, and is co-funded by Fund 2.

Disclaimer*

Litigation Capital Management Ltd
23 October 2026
 

23 October 2026

Litigation Capital Management Limited

(“LCM” or the “Company”)

Termination Notice on Funded Collective Action

 

Litigation Capital Management Limited ("LCM" or the "Company"), an alternative asset manager specialising in dispute financing solutions internationally, announces that it has received a termination notice from a funded party for the alleged breach of a litigation funding agreement in relation to a collective action that it is funding in the Competition Appeals Tribunal.  LCM disputes the validity of the termination and has retained appropriate legal representation. LCM is currently considering a number of options and is discussing these options with its capital providers.

The investment is co-funded by Fund 2.  LCM has invested A$2.7 million of its own capital into the case and the value of the investment was held at A$2.4 million as at 30 June 2026. 

 

Enquiries

Litigation Capital Management

 

Patrick Moloney, Chief Executive Officer

David Collins, Chief Financial Officer

 

 

 

Cavendish (Nomad and Broker) 

Tel: 020 7220 0500

Giles Balleny and Isaac Hooper (Corporate Finance)

Ella Bedford (Corporate Broking)

 

 

www.lcmfinance.com

 

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Companies

Litigation Capital Management Limited (DI) (LIT)
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