Litigation Capital Management (LIT) H1 results presentation
PIWORLD audio investor podcasts - A podcast by piworld

Categories:
This video can be seen at: https://www.piworld.co.uk/2021/03/23/litigation-capital-management-lit-h1-results-presentation/ Patrick Moloney, CEO, Nick Rowles-Davies, Executive Vice Chairman, and Mary Gangemi, CFO outline the interim results for H1 21. During the period they continued to build scale. They continue to receive an increased flow of quality applications. And, the market conditions are increasing the demand for dispute finance. Patrick Moloney, CEO 00:00 Start 00:40 H1 highlights & progress on priorities 08:12 Building scale Mary Gangemi, CFO 11:15 Financials Patrick Moloney, CEO 13:22 Current portfolio of direct investments 15:26 LCM Global Alternative Returns Fund 16:27 Combined portfolio profile 23:26 US$50m credit facility Nick Rowles-Davies, Executive Vice Chairman 26:10 Market conditions 29:10 Outlook Patrick Moloney, CEO 33:00 Summary 34:23 Q&A Litigation Capital Management Limited is engaged in the business of providing litigation financing and ancillary services to enable the recovery of funds from legal claims. The Company focuses on financing and management of Litigation Projects. The Company has provided litigation financing to over 40 Completed Litigation Projects, which consisted of approximately 190 cases. The Company sources the majority of its Litigation Projects through referral networks within the Australian legal, accounting and insolvency sectors. Insolvency practitioners represent a source of work as do solicitors within Australian firms who refer insolvency and commercial claims to it. It also receives direct applications. When considering whether to finance a Litigation Project, the Company undertakes analysis of the quantum of the Gross Claim Size and potential Recovery as compared to the likely costs and financing commitment required. The Company's subsidiary is LCM Litigation Fund.