LCM funds Indo Gold claims against India

Litigation Capital Management (“LCM”) is providing a US$13.6 million funding facility to Indo Gold Pty Ltd ("Indo Gold") to support Indo Gold’s claims against the Republic of India (“India”) arising from the 1999 Agreement between the Government of Australia and the Government of the Republic of India on the Promotion and Protection of Investments.

The facility is to support Indo Gold’s investment treaty arbitration against India in connection with the Bhukia mining project in the Indian state of Rajasthan.

The project will be managed by global disputes and investment treaty specialist William Panlilio and LCM’s Head of Investments for APAC, Susanna Taylor.