Litigation Capital Management Ltd (LIT)
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Litigation Capital Management Ltd Profile
| IT Services Industry | Information Technology Sector | Mr. Patrick Moloney BSAB, Dip Law, LLB CEO | LSE Exchange | - ISIN |
| Australia Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Litigation Capital Management Limited specializes in providing dispute finance and risk management services, primarily operating in Australia and the United Kingdom. The company employs a dual business model strategy, focusing on direct investments leveraging its permanent balance sheet capital and engaging in fund and/or asset management activities. Since its inception in 1998, Litigation Capital Management Limited has established its headquarters in Sydney, Australia, showcasing its longstanding expertise and commitment to the field of legal finance.
Products and Services
- Dispute Finance for Companies, International Arbitration, and Law Firms:
This service offers financial support to companies, arbitration processes, and law firms involved in legal disputes. By providing necessary funding, Litigation Capital Management enables these entities to pursue or defend legal claims without bearing the immediate financial burdens.
- Disbursement Funding:
Disbursement funding addresses the need for covering the broad range of expenses associated with legal proceedings, such as expert witness fees, court fees, and other related costs. This allows clients to manage and mitigate the financial impact of these disbursements over the course of their litigation.
- Enforcement Funding/Purchase of Award:
Litigation Capital Management provides the capital necessary for the enforcement of legal judgments or arbitration awards. This ensures that clients have the financial backing to secure the benefits of their legal victories. In some cases, LCM may offer to purchase these awards, providing immediate liquidity to clients.
- Adverse Cost and Security for Costs:
This product offers protection against the risk of paying the opponent's legal costs in the event of a loss in court, as well as providing the necessary security for costs which may be ordered by the court. It's a form of legal expenses insurance that safeguards clients against some of the financial risks of litigation.
