"• IMF web site will show that normal litigation funding costs are likely to be in the order of 25-33% , legal costs will add substantially to this .These cost come out as a priority normally . The cost to run this case could cost in excess of $50million dollars. • Unit holders could be held liable for cost if an action was unsuccessful. The cost could cost as much as the call. This is because only a percentage of the unit holders will join in on a class action "
interesting imf is hoping to recoup $200m or 50m/25%
and if they don't win
"Unit holders could be held liable for cost if an action was unsuccessful"
BCS Price at posting:
0.0¢ Sentiment: None Disclosure: Held
