Litigation Capital Management Limited funds High Court claim against KPMG over Carillion audits
Litigation Capital Management is providing litigation finance to fund the claim for damages A High Court claim has been filed against KPMG over its audits of Carillion’s financial statements in the run-up to what became one of the largest corporate collapses in UK history. Litigation Capital Management Ltd (LON:LIT) has agreed to provide finance to fund a claim made by certain Carillion entities, which remain in liquidation. The losses which form the subject matter of the claim are expected to exceed £250mln, Litigation Capital Management (LCM) said, and would further strengthen its exis...
Source: proactiveinvestors.co.uk
