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Litigation Capital Management is financing a major claim from Carillion's creditors

Professional Services Correspondent

Litigation funder Litigation Capital Management has agreed to back a £250m claim against KPMG from creditors of collapsed outsourcer Carillion.

LCM will provide a finance facility for Carillion entities in liquidation to fund a lawsuit in the Commercial Court against the outsourcer’s former auditors KPMG. At this stage no legal claim has been filed.

Litigation funder LCM backs £250m Carillion claim against KPMG

Litigation Capital Management puts financing behund legal action against auditor

James Booth

Litigation Capital Management

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