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By Ian Ransom MELBOURNE, Dec 24 (Reuters) - Litigation funder IMF Australia said it will back lawsuits in Europe related to billions of dollars worth of toxic derivatives created by ABN AMRO Bank N.V. and rated triple-A by Standard and Poor's after winning a similar case in Australia. IMF Australia
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Juridica, which provides capital for corporate legal claims to both businesses and the legal markets, has unveiled plans to return cash to its shareholders. The company is rolling in cash after four separate cases in its maturing portfolio generated gross proceeds of £23m from partial settlements.
Read moreJuridica, a firm which provides strategic capital to businesses and legal markets, has announced a special dividend of 7p per share. The decision arose from a number of successes during 2011, when it received gross cash proceeds during 2011 totaling around $17m, resulting in cash profits of around
Read moreWaste group Augean slipped into a loss of £0.5m in the half year to June, as net revenue fell by 8% to £13.8m. "Trading in the months since the period end has indicated an improving trend as the early signs of a recovery in our markets have continued," it added. Legal case investor Juridica's net
Read moreFares on flights will have to rise if the company is going to hit its targets, that's the warning issued by Michael O'Leary's Ryanair yesterday. This is, obviously, better news for investors than it is for its customers. Currently, 11% of intra-European traffic is transported on the Ryanair fleet a
Read moreSynchronica says it is awaiting final documentation for a major order delivered at the end of December. On the assumption that this documentation is received, revenue for 2009 will be broadly in line with market expectations at around £4.5m. Works Media said it has completed a review of the busines
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