IMF Bentham Limited (IMF) announces that it has made a formal decision to fund a new matter through its Australian investment vehicles, Fund 2 and Fund 3. For further information on Fund 2 and Fund 3 please refer to IMF’s previous announcement of 3 October 2017.
The new matter, which is to be funded on a conditional basis, involves a proposed class action against the Commonwealth of Australia (Department of Defence) (DoD) relating to the contamination alleged to have been caused by the DOD’s use of aqueous film forming foam at the Tindal RAAF Base in the Northern Territory. IMF’s funding is conditional on sufficient claimants with valid claims entering into funding agreements with IMF.
Property owners and businesses affected by the contamination are potentially eligible to participate. IMF is currently taking registrations from persons interested in participating in the proposed class action.
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