Litigation Capital Management Limited Announces Covenant Waiver Extension
Litigation Capital Management Limited has extended its debt covenant waiver from Northleaf to November 13, 2026, as it nears completion of a long-term debt facility amendment.
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Litigation Capital Management Limited announced that a funded party was unsuccessful in its appeal of a commercial litigation loss, resulting in a £5.0 million (A$9.5 million) write-off.
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Litigation Capital Management Limited has extended its debt covenant waiver from Northleaf to November 13, 2026, as it nears completion of a long-term debt facility amendment.
Litigation Capital Management Limited has received a termination notice from a funded party regarding a collective action in the Competition Appeals Tribunal, which the company is disputing.
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