LCM

All articles about LCM.

From funder to middle man

Matthew Denney, who recently worked as an Investment Manager & Head of Origination EMEA at LCM, has founded Versaras, a consulting firm in the litigation funding space.

Silicon Valley Bank collapse poses ‘tremendous opportunity’, lawsuit funder LCM says

cityam.com LCM Litigation Capital Management Silicon Valley Bank

LCM chief executive Patrick Moloney says the collapse of Silicon Valley Bank poses a “tremendous opportunity” for more lawsuits, as the firm readies itself to profit on an uptick in bankruptcies as the global economy hits a slump.

Interim results for the half year ended 31 December 2022

LCM Litigation Capital Management polaris.brighterir.com

LCM has announced its interim results for the half year ended 31 December 2022, with highlights including an adjusted loss for the period of A$5.5m, excluding cases settled since 31 December 2022 which would have increased LCM only performance to an adjusted operating profit of A$6.3m.

Discoverability of Litigation Funding in International Arbitration

LCM lcmfinance.com

William Panlilio of LCM describes recent trends in international arbitration towards requiring the disclosure of the existence of a litigation funding agreement and the identity of the lender, but warns parties to be alert to overbroad attempts at seeking disclosure of the underlying funding agreement.

LCM Secures $8.25 Million Commission

LCM Suncorp Portfolio Services Ltd supremecourt.justice.nsw.gov.au

LCM has secured a commission of $8.25 million, being 25% of a $33 million settlement approved by an Australian judge against Suncorp Portfolio Services Ltd in connection with claims concerning the ongoing payment of commissions funded by fees paid by class members.

LCM backs “UK Buy Box Claim” against Amazon

Amazon Hausfeld & Co LCM

LCM, together with law firm Hausfeld & Co, is backing a £900 million claim against Amazon on behalf of tens of millions of UK customers which alleges that Amazon has breached competition law and caused millions of UK customers to pay higher prices for products sold on Amazon.co.uk and the Amazon mobile app by obscuring better-value deals.

USE OF DATA IN LITIGATION

LCM lcmfinance.com

Hugo Marshall of LCM shares that the use of datapoints in litigation is growing exponentially, and describes how litigation funders can use datapoints to their advantage, for example by forecasting how long their capital will be at risk, or determining whether their funded party typically attracts interlocutory applications.

Suncorp to pay $33 million over super class action

LCM moneymag.com.au Suncorp William Roberts Lawyers

Suncorp is set to pay $33 million to settle an Australian class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 with the backing of LCM, who are set to receive $14 million inclusive of costs.

Litigation Finance Insider

Litigation Finance Insider

LCM

From funder to middle man

Silicon Valley Bank collapse poses ‘tremendous opportunity’, lawsuit funder LCM says

Interim results for the half year ended 31 December 2022

Discoverability of Litigation Funding in International Arbitration

LCM Secures $8.25 Million Commission

LCM backs “UK Buy Box Claim” against Amazon

USE OF DATA IN LITIGATION

Suncorp to pay $33 million over super class action

Recent Fundings

Bench Walk backs companion claim against Mastercard and Visa

LCM backs claim against Indian Government

Woodsford funds Dutch class action against Airbus

Delta funds arbitration against Tanzania

Funder News

LegalPay launches a new pay later product, LegalPay Max

Australian fintech Capital & Centric Funding opens its doors to litigation funding

Carl-Johan Storsten joins Kapatens

Carrie Freed joins Omni Bridgeway

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