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IMF Bentham Ltd (IMF.AX)

IMF.AX on Australia Stock Exchange

2.24AUD
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

IMF Bentham says its Canadian subsidiary will now fund case CAN002 on an unconditional basis
Monday, 18 Sep 2017 12:44am EDT 

Sept 18 (Reuters) - IMF Bentham Ltd :Announces that its Canadian subsidiary will now fund case CAN002 on an unconditional basis.Bentham has waived its requirement for court approval of its funding terms and investment is now unconditionally funded..Has conditionally agreed to fund GBC Oil in relation to an arbitration to be heard by court.Refers to previous announcement dated 9 Jan regarding conditional funding of Canadian case CAN002 by unit.  Full Article

IMF Bentham to fund open class action against Commonwealth Bank of Australia
Monday, 4 Sep 2017 06:27pm EDT 

Sept 5 (Reuters) - IMF Bentham Ltd ::Australian case update - the Commonwealth Bank of Australia.Post investigations, IMF agrees to fund an open class action against Commonwealth Bank of Australia on a conditional basis.Class will consist of shareholders of CBA who purchased shares between 17 August 2015 and 3 August 2017 inclusive.Claim will allege breaches by CBA of its continuous disclosure obligations arising from alleged breaches.  Full Article

IMF Bentham says settlement of a confidential case in Hong Kong has become unconditional
Friday, 1 Sep 2017 12:34am EDT 

Sept 1 (Reuters) - Imf Bentham Ltd ::Announces that settlement of a confidential case it has funded in hong kong has now become unconditional.  Full Article

IMF Bentham announces new USA funding agreement
Thursday, 24 Aug 2017 11:48pm EDT 

Aug 25 (Reuters) - Imf Bentham Ltd -:Asx alert-new usa funding agreement-imf.ax.‍bentham Imf 1 Llc has agreed to fund its eleventh matter​.Has committed to fund us$1.25 million for this matter.  Full Article

IMF Bentham says FY total contract income was $113.3 mln
Thursday, 24 Aug 2017 04:31am EDT 

Aug 24 (Reuters) - Imf Bentham Ltd ::Total contract income for FY2017 of $113.3 million versus $99.8 million.Final dividend of 4 cents per share.FY net profit before tax remains stable at $25.7 million versus $26.2 million a year ago.FY revenue from ordinary activities down 13 pct to $3 million.  Full Article

Commonwealth Bank Of Australia comments on potential shareholder class action
Wednesday, 23 Aug 2017 12:08am EDT 

Aug 23 (Reuters) - Commonwealth Bank Of Australia -:Statement regarding potential shareholder class action.‍Commonwealth Bank has not been served with any legal proceedings​.Aware Maurice Blackburn and IMF Bentham announced they are investigating a potential shareholder class action against co.  Full Article

IMF Bentham says is investigating potential class action against CBA
Tuesday, 22 Aug 2017 07:41pm EDT 

Aug 23 (Reuters) - IMF Bentham Ltd :It is investigating a new potential Australian shareholder class action against Commonwealth Bank Of Australia..Claims being investigated relate to alleged misleading or deceptive conduct by CBA.Claims being investigated relate to alleged deceptive conduct by CBA of its continuous disclosure obligations in relation to recent claims by AUSTRAC.  Full Article

IMF Bentham updates on GST class actions
Monday, 14 Aug 2017 03:35am EDT 

Aug 14 (Reuters) - IMF Bentham Ltd ::Proceedings commenced in respect of one of IMF funded class actions to recover GST paid by buyers of units in developments in ACT.  Full Article

IMF Bentham announces conditional settlement of US Case 36
Sunday, 6 Aug 2017 09:35pm EDT 

Aug 7 (Reuters) - Imf Bentham Ltd :Announces conditional settlement of US Case 36 funded in United States.‍IMF'S income from settlement is expected to be about $2.9 mln​.  Full Article

IMF Bentham updates on new USA funding agreement
Monday, 24 Jul 2017 01:10am EDT 

July 24 (Reuters) - IMF Bentham Ltd :New USA funding agreement.Its U.S investment vehicle, Bentham IMF 1 LLC has agreed to fund its tenth matter in six months since its launch in February 2017.Total funding from US investment vehicle increases to US$18.35 million."IMF aims to continue to grow and diversify its investment portfolio in FY18".The new matter, USF10, involves funding a contractual dispute through arbitration.Bentham IMF 1 has committed to fund US$1.1m for the matter.  Full Article

MOVES-Bentham IMF, RenCap Securities, Crayhill Capital Management, Macquarie Group

Oct 16 The following financial services industry appointments were announced on Monday. To inform us of other job changes, email moves@thomsonreuters.com.