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On 23 October 2026, Litigation Capital Management Limited (LCM) announced that it received a termination notice from a funded party citing an alleged breach of a litigation funding agreement regarding a collective action co-funded by Fund 2 in the Competition Appeals Tribunal. LCM disputes the validity of the termination, has retained legal representation, and is currently discussing its options with capital providers. LCM has invested A$2.7 million of its own capital into the case, with the value of the investment held at A$2.4 million as of 30 June 2026.
| Date | 23 Oct 2026 |
| Time | 07:00:03 |
| Category | Miscellaneous |
| ID | 1351A |
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
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Litigation Capital Management |
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Patrick Moloney, Chief Executive Officer David Collins, Chief Financial Officer |
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Cavendish (Nomad and Broker) |
Tel: 020 7220 0500 |
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Giles Balleny and Isaac Hooper (Corporate Finance) Ella Bedford (Corporate Broking) |
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