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Litigation Capital Management 'delighted' to be assisting creditors of collapsed builder Carillion

Litigation Capital Management 'delighted' to be assisting creditors of collapsed builder Carillion

Litigation Capital Management Limited's Nick Rowles-Davies (LON:LIT) joins Proactive London after winning a contract with creditors of now-collapsed builder Carillion.

They are taking its former auditors, KPMG, to court for a claim of £250mln.

The firm has agreed to provide finance to fund a claim made by certain Carillion entities, which remain in liquidation.