Company Research Report: Litigation Capital Management (LCM)
Company Overview
Name, Mission of the Company
Company Name: Litigation Capital Management (LCM)
Mission: LCM is dedicated to providing innovative, transparent, and client-focused dispute finance solutions globally, aiding claimants in pursuing legal actions without bearing the financial risks.
When Was the Company Founded and By Whom
Founded: 1998
Founders: No information is available
Key People in the Company
- Patrick Moloney: Chief Executive Officer
- David Collins: Chief Financial Officer
- Jonathan Moulds: Non-Executive Chairman
- David King: Non-Executive Director
- Gerhard Seebacher: Non-Executive Director
Where Is the Company Headquartered
Headquarters:
- Level 12, The Chifley Tower, 2 Chifley Square, Sydney NSW 2000, Australia
Number of Employees
No information is available
Revenue of the Company
No information is available
What Is the Company Known for
LCM is known for being a leading international provider of dispute financing solutions with more than 25 years of industry experience. They manage over $0.5bn of capital dedicated to funding disputes and are recognized for their innovative litigious funding products and unparalleled track record in the disputes finance sector.
Products
What Products Do They Offer
- Disputes Finance: Provision of financial support to claimants covering legal costs and adverse cost exposure.
- Disputes Finance for Companies: Tailored financing solutions for business-related disputes.
- Disputes Finance for International Arbitration: Funding tailored for international arbitration cases.
- Disputes Finance for Law Firms: Financial support to law firms including monetization of work-in-progress balances.
- Disbursement Funding: Funding for soft costs related to litigation.
- Adverse Costs and Security for Costs: Coverage for the financial risks associated with adverse costs orders.
- Enforcement Funding / Purchase of Awards: Financial support for the enforcement of judgments and arbitration awards.
High-Level Description of the Product
Disputes Finance: LCM’s flagship product, where they bear the financial burden of litigation costs in exchange for a premium from the recovered amounts.
Key Features of Each of the Products
- Disputes Finance: Non-recourse funding, where LCM only recovers costs and premiums upon successful resolution.
- Disputes Finance for Companies: Tailored solutions to mitigate financial risks and free up cash flow.
- Disputes Finance for International Arbitration: Support throughout international arbitration processes.
- Disputes Finance for Law Firms: Financial products to assist law firms in managing their finances and caseloads efficiently.
- Disbursement Funding: Payments for ancillary litigation costs.
- Adverse Costs and Security for Costs: Indemnification to cover potential financial losses from adverse rulings.
- Enforcement Funding / Purchase of Awards: Monetization of judgments and arbitration awards through financial support.
Recent Developments
What Are the Recent Developments in the Company
- 2023: Completion of their second fund of US$281m, aimed to be utilized in the financing of disputes globally.
- 2020: Closed its first fund worth US$150m for global dispute financing.
What Are the New Products Launched
No information is available
What Are the New Features Added to the Existing Products
No information is available
Any New Partnerships etc.
No information is available
This structured report aims to provide a comprehensive overview of Litigation Capital Management (LCM) based on the data available, ensuring a professional and information-dense presentation without additional commentary.
