LCA 0.00% 91.0¢ litigation capital management limited

News: LCA Litigation Capital Management says agreed to fund new commercial litigation project

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    Dec 13 (Reuters) - Litigation Capital Management Ltd (LCA)

    • Advises that it has unconditionally agreed to fund new commercial litigation project in relation to proceedings in federal court of australia
    • Expected to generate ebitda to lcm of $308,000, which will be received in 2017 financial year
    • Lcm also advises that a partial settlement has been reached in respect of one of its litigation projects
    • Settlement expected to generate revenue to lcm of approximately $528,000 which will be received in 2017 financial year
 
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