Investment Manager Directorate Change
25 10월 2010 - 4:51PM
UK Regulatory
TIDMJIL
RNS Number : 9279U
Juridica Investments Limited
25 October 2010
Juridica Investments Limited
('Juridica' or the 'Company')
Investment Manager Directorate Change
Juridica Investments Limited, the leading provider of strategic capital to both
businesses and legal markets for corporate claims, announces a change to the
composition of the Principals at its Investment Manager, Juridica Capital
Management Limited, (JCML).
Timothy D. Scrantom, one of the co-founders of Juridica, has today resigned as
President, General Counsel and director of Juridica's Investment Manager, JCML.
Mr. Scrantom is leaving to pursue other interests but will continue to provide
consultancy services to JCML on a project by project basis. Mr. Scrantom,
through his affiliates, will continue to be a shareholder in JCML.
Commenting on Mr. Scrantom's resignation, Richard Fields, Chairman and CEO of
JCML, said: "Tim has made a great contribution to both the conception and
development of JCML's business and we look forward to continuing to work with
him as a strategic consultant."
In a separate development Paul C. Sullivan has today been promoted to Senior
Vice President. Mr. Sullivan joined JCML shortly after its inception and has
played an instrumental role in developing its underwriting processes and
evaluation models.
Commenting on Mr. Sullivan's promotion Richard Fields said: "Paul has made a
great contribution to our business and will continue to play an important role
in the selection of assets for the Company's portfolio."
- Ends -
For further information, please contact
+------------------------------+------------------------------+
| Juridica Capital Management | +1 (866) 443 1080 |
| Limited | |
| Richard W. Fields | |
| | |
+------------------------------+------------------------------+
| Cenkos Securities (NOMAD) | +44 (0) 20 7397 8900 |
| Nicolas Wells | |
| Camilla Hume | |
| | |
+------------------------------+------------------------------+
| Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
| David Rydell | |
| Olly Scott | |
+------------------------------+------------------------------+
About Juridica Investments Limited
Juridica Investments is the leading provider of strategic capital to the
business community and the legal markets for corporate claims. It invests
directly and indirectly in a diversified portfolio of corporate claims in
litigation and arbitration. Juridica is the premier source of value-added and
direct financing for large business claims in the United States and one of the
leading sources in the United Kingdom.
Our clients are Fortune 1000 companies, FT Global 500 companies, inventors,
major universities, and the leading law firms that represent them. Juridica
accepts only cases that have already been carefully vetted and undertaken by
leading lawyers.
Juridica works to make the legal system work better for business claims.
Juridica does not invest in speculative claims or claims that do not have
demonstrated economic value and clear merits. Juridica invests only in business
claims, and does not invest in class actions, personal injury, product
liability, or mass tort claims.
Our goal is to provide business clients with financial choices that reduce risk
and assist in maximizing claim value.
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, evaluate and manage direct and indirect
investments in cases, claims and disputes.
For more information go to http://www.juridicainvestments.com
This announcement contains forward looking statements, which are based on the
Board's current expectations and assumptions and involve known and unknown risks
and uncertainties that could cause actual results,performance or events to
differ materially from those expressed or implied in such statements. It is
believed that the expectations reflected in these statements are reasonable, but
they may be affected by a number of variables which could cause actual results
or trends to differ materially. Each forward looking statement speaks only as of
the date of the particular statement. Except as required by the AIM Rules or
otherwise by law, the Company expressly disclaims any obligation or undertaking
to release publicly any updates or revisions to any forward looking statements
contained herein to reflect any change in the Company's expectations with regard
thereto or any change in events, conditions or circumstances on which any such
statement is based.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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