News
05.04.12 / Therium Capital Management Ltd ("TCML") awarded new institutional mandateInvestors in first fund receive interim distributions equivalent to their capital in 22 months.
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29.11.11 / COLG announces further third party Funds
COLG is pleased to announce that its subsidiary Therium Capital Management Limited (TCML) has closed a third limited liability partnership (“LLP3”) raising £4.3 million from High Net Worth investors. LLP3 will invest in a portfolio of third party funding claims.
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24.10.11 / COLG’s Therium provides an update on two major cases
COLG is pleased to provide an update to the information in its AGM statement from its 50% owned subsidiary Therium Capital Management Limited (“TCML”).
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18.05.11 / COLG redeems loan notes
COLG is pleased to announce that it has today redeemed, without interest, all of its £1.6 million of loan notes after agreement with the individual holders of those notes. Redemption has been effected by the transfer of investments in certain litigation cases with a cost value of £1.2 million and the balance of £400,000 settled in cash to a new closed ended Limited Liability Partnership created and managed by its subsidiary Therium Capital Management Limited (“TCML”).
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20.10.10 / COLG raises new funds to finance portfolio of legal litigation cases
City Of London Group plc [COLG] has agreed to issue specific 8% fixed rate unsecured 1 year loan notes (2011) to High Net Worth clients of St Vincent Capital Limited [SVC] in advance of SVC establishing a fund to provide finance to Therium Capital Management Limited [TCML], COLG's 50%- owned litigation funding subsidiary company.
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19.02.10 / Completion of investment by City of London Group
The Board of Therium announces that it has now completed the transaction announced in December 2009 with City of London Group Plc (“COLG”) for a strategic partnership to build its third party litigation funding business. COLG has acquired a 50% equity interest in Therium for £300,000 and will seed a fund to invest in litigation cases.
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17.12.09 / Launch of Strategic Partnership to provide third party litigation funding
The Board of Therium today announces that it has signed heads of terms with City Of London Group Plc (“COLG”) for a strategic partnership to build its third party litigation funding business. COLG will take equity in Therium and seed a fund to invest in litigation.
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Events
21.09.11 / Therium’s Neil Purslow speaks on litigation funding at ICC Arbitration Conference.Download presentation PDF
In the Media
01.05.12 / Keeping an eye on England and Wales by Neil Purslow of Therium, Commercial Dispute Resolution Magazine, May 2012, commenting on the Litigation Funding Market.Download PDF
15.11.11 / COLG’s Therium launches advertising campaign.
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14.10.11 / ‘Is there a case for litigation funding?’ Merryn Somerset Webb in the Financial Times.
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21.07.11 / “Third Party Litigation Funding; The Debate”
Fox Williams hosts roundtable featuring Neil Purslow of Therium.
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05.04.11 / K&L Gates webinar “After the Event Insurance and Funding Solutions in International Arbitration” featuring Therium’s Neil Purslow.
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14.12.10 / Therium’s Neil Purslow on the investment case for litigation funding on CNBC’s Squawk Box.
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01.10.10 / ‘Comply or die’ by Neil Purslow of Therium, Litigation Funding Magazine, October 2010, commenting on the then draft Code of Conduct for Third Party Litigation Funders.
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