Northleaf Capital have extended the covenant waiver multiple times already. What makes you think they will not do so again? Is there anything to suggest end of June is the final final final ultimatum?
Is anyone here still invested in LIT? They keep on extending the loan covenant waivers and say they are in discussions with various parties about possible deals.
I am not sure if the YPF Argentina case has any wider read through for LCM? There is even speculation of US political pressure to help their "friend" Milei in Argentina. In any case it is only the US court that has ruled against it and Burford are now going down the ICSID arbitration route.
Cadence Minerals funding from LCM27 Mar 2026 08:18
Cadence Minerals RNS reveals funding from LCM, though I have not yet seen this mentioned in an LCM RNS.
This is possibly positive in that it means LCM is not going into run off mode and is still doing new business, though we should find out more with results on 31 March.
Link to Cadence RNS below but sometimes weblinks disappear. If it does not work you can find this news from an internet search anyway.
Emmerson had a 35% pullback from 2 to 1.3 on no news at all and then went back up again after announcing their notice of dispute. Is anyone meeting MB in London next week?