JIL Juridica

 

TIDMJIL 
 
RNS Number : 7859R 
Juridica Investments Limited 
31 August 2010 
 

 
 
 
 
                          Juridica Investments Limited 
                          ('Juridica' or the 'Company') 
 
                                Portfolio Update 
 
Juridica, the leading provider of capital to the law market, provides the 
following portfolio update. 
 
The Company is pleased to report that Case 0408-W has reached a successful 
conclusion which, when the full proceeds have been received, will have delivered 
a return on investment of 34%. Juridica's portion of the settlement totals US$ 
3.8 million having invested US$2.8 million. The Company has already received 
US$2.4 million and expects the remaining US$1.4 million to be received before 19 
January 2011. 
 
This positive outcome in the Case occurred despite a negative ruling in Q1 2010 
which denied certain of the plaintiff's claims, (as detailed in the Company's 
Annual Report and Account for 2009).  The Company's investment in this claim was 
structured such that any return over a de minimus amount would generate a return 
of the Company's investment plus a profit. 
 
Commenting on the Case Juridica's Chairman, Lord Brennan, said: "This was one of 
the Company's initial investments and serves as further validation of our 
strategy and approach to corporate claims finance. Richard Fields and his team 
at the investment manager, Juridica Capital Management, continues to show that 
their due diligence and portfolio monitoring processes provide the best 
opportunity for our investments to deliver exceptional returns." 
 
Juridica will announce its interim results for the six months to 30 June 2010 
prior to 30 September 2010. 
 
                                    - Ends - 
 
 For more information please contact: 
 
+-------------------------------+--------------------------+ 
| Juridica Capital Management   |                          | 
| Limited                       | +1 866 443 1080          | 
| Richard Fields, Chief         |                          | 
| Executive                     |                          | 
|                               |                          | 
+-------------------------------+--------------------------+ 
| Cenkos Securities plc         |                          | 
| (Nominated Adviser and        | +44 20 7397 8900         | 
| Broker)                       |                          | 
| Nicholas Wells                |                          | 
| Camilla Hume                  |                          | 
|                               |                          | 
+-------------------------------+--------------------------+ 
| Pelham Bell Pottinger         |                          | 
| David Rydell                  | +44 (0) 20 7861 3232     | 
| Olly Scott                    |                          | 
|                               |                          | 
+-------------------------------+--------------------------+ 
 
 
About Juridica 
 
Juridica is a leading provider of capital to the business community and the 
legal market. It invests directly and indirectly in a diversified portfolio of 
commercial claims and disputes. The Company's objective is to be the premier 
source of value-added and direct financing or large business claims, especially 
in the United States and the United Kingdom. 
 
Our clients are Fortune 1000 companies, FT Global 500 companies, small 
businesses, inventors, major universities and the leading law firms that 
represent them. Juridica accepts only cases that have already been carefully 
vetted and accepted by qualified lawyers, does not invest in speculative cases 
and accepts only a small fraction of the cases reviewed. 
 
The Company focuses exclusively on business-to-business related claim 
investments. It does not invest in shareholder class actions, personal injury, 
product liability, or mass tort claims. 
 
Juridica was established on 21 December 2007 as a limited liability, 
closed-ended investment company registered in Guernsey. It has over US$200 
million of assets under management and is listed on AIM, a market operated by 
the London Stock Exchange (AIM: JIL). 
 
The Company has appointed Juridica Capital Management Limited as its exclusive 
investment manager to locate, select and manage direct and indirect investments 
in cases, claims and disputes. 
 
For more information visit Juridica at http://www.juridicainvestments.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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