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BCCE Announces $12M Litigation Finance Round

Bank Cartel Claims Europe (BCCE), a joint-venture of law firm Grantley Sinclair LLP and litigation finance firm Commercial Damages Claims Limited last week announced a $12 million funding round for its dedicated litigation finance fund, the Bank Cartel Claims Fund. BCCE plans to use the capital to hire lawyers and economic experts to pursue three antitrust damages claims that it has identified against European investment banks. Damages are expected to exceed $1 billion.

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