April 5, 2018 / 1:13 AM / 18 days ago

BRIEF-IMF Bentham Provides Update On Investments

April 5 (Reuters) - IMF Bentham Ltd:

* SUPREME COURT OF WESTERN AUSTRALIA HAS ANNOUNCED ITS JUDGMENT IN A CLAIM BROUGHT BY A CLIENT AGAINST ASAS AND OTHERS

* EXPECTS TO RECOGNISE A LOSS ON INVESTMENT OF ABOUT $1.82 MILLION

* CONFIRMS TRANSFER OF LITIGATION FUNDING INVESTMENT IN INTERNATIONAL ARBITRATION PROCEEDINGS VERSUS REPUBLIC OF ALBANIA TO REST OF WORLD FUNDS​

* CLIENT UNSUCCESSFUL IN CLAIM AGAINST LEVERAGED EQUITIES AND ASAS

* IMF’S CLIENT CURRENTLY CONSIDERING WHETHER TO APPEAL DECISION Source text for Eikon: Further company coverage:

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