Kat Gieras Joins Litigation Capital Management

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Litigation Capital Management reports strong fiscal year

Litigation Capital Management has reported a strong fiscal year in the 12 months to 30 June 2022, with highlights including a 23% increase in adjusted operating profit, a fully committed Fund I of US$150 million and two thirds of the targeted US$300 million raised for Fund II, overall commitments consistent with the previous year at A$104 million, and applications decreasing to 442, down from 572 for fiscal 2021.

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GreenX says GBP737 million claim against Poland proceeding “at pace”

GreenX Metals Ltd, a Perth, Australia-based mining company, said its £737 million arbitration claim against Poland, which alleges that Poland has breached its obligations under the applicable treaties through its actions to block the development of the company’s Jan Karski and Debiensko mines, is proceeding at pace following the company’s submission of its statement of reply in the arbitration. The claim is backed by Litigation Capital Management.

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