Perth-based Hillcrest Litigation Services is transforming into a baby food company after signing an agreement to acquire the manufacturer of Bubs Organic products.
SPECIAL REPORT: The number of hostile takeover bids confronting Australian companies may be relatively low, but disruption from sources such as activist groups and shareholder class actions is a growing challenge for directors.
West Perth-based Hillcrest Litigation Services expects to pocket up to $2.25 million in profits following the successful completion of arbitration proceedings of its client Austin Australia.
Litigation funder Hillcrest Litigation Services Ltd said today it was endeavouring to reach an agreement with client Julian Wright following the multi-million dollar settlement of the court case involving Mr Wright's family.
Hillcrest Litigation Services Ltd has announced that it could receive up to $1 million after a Federal Court success in funding a legal case involving Meadow Springs Fairway Resort Ltd and finance group Knightsbridge Managed Funds Ltd.
Parties in the Aguero case have agreed to a settlement in the matter. Hillcrest will be reimbursed with all of its funding costs in the matter (circa $275,000) as a result of the settlement.
