- Litigation Capital Management entered into global cooperation agreement with a leading international law firm to finance disputes undertaken by the latter and its clients.

Litigation Capital Management had agreed to fund disputes as they arise for the law firm and its clients, regardless of geography or jurisdiction.

The law firm, headquartered in London, operated across six continents through a network of 50 offices and over 400 partners.

The law firm was one of the most active in the litigation space globally and worked with clients across sectors including aviation, energy and natural resources, infrastructure, trade and commodities, and insurance.

'Our on-the-ground presence through offices in London, Sydney and Singapore allows us to support the law firm and its clients,' said Patrick Moloney, Chief Executive Officer of LCM.

'This agreement will increase the number of potential funding opportunities available to LCM, in addition to our already substantial pipeline of investment opportunities, which we continually evaluate in line with our rigorous due-diligence procedures.'

At 8:47am: [LON:LIT] share price was +4.25p at 93p

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