Termination Notice on Funded Collective Action
Litigation Capital Management Limited has received a termination notice for a funded collective action in the Competition Appeals Tribunal, which it disputes and is contesting with legal representation and discussions with capital providers. The company has invested A$2.7 million of its own capital into the case, which was valued at A$2.4 million as of June 30, 2026, and is co-funded by Fund 2.
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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.
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