Litigation Capital Management Limited Receives Termination Notice on Funded Collective Action

Litigation Capital Management Limited (LCM) has received a termination notice from a funded party regarding a breach of a litigation funding agreement related to a collective action in the Competition Appeals Tribunal. LCM disputes this termination and has engaged legal representation to contest it, while also evaluating its options and discussing with capital providers. The investment in question, co-funded by Fund 2, involved A$2.7 million of LCM's capital, with a carrying value of A$2.4 million as of June 30, 2026.