International Monetary Fund

Analysis: A silver lining around the gloom

It's hard to be an optimist on the day BHP Billiton starts culling its WA iron ore workforce, and the International Monetary Fund publishes a downbeat outlook of the global economy, but as with all forecasts if you look closely a silver lining can be spotted.

Short-term pain but gains in the long run

Making the right call on the world economy could make, or lose, businesses a lot of money.

Today's Business Headlines

IMF safety net could lift rates - The Fin; Barnett won't buy Labor's new Sunday trade plan - The West; ABCC move 'risks $130bn' - The Fin; ASIC targets infrastructure investments - The Aus; Dollar not to blame for car woes: Fraser - The Fin

Today's Business Headlines

Global recovery stalled: IMF - The Aus; Slowdown sought on emissions talks - The Fin; Super-rich Chinese investor visits WA - The Fin; Energy giants facing claims - The Fin; Govt asked to explain its future plans for city - The West

Gwalia creditors to get dividend

Creditors of Sons of Gwalia, including litigation funder IMF (Australia), are due to get further dividends of about $45 million, the failed mining company's administrator has estimated.

IMF plans $39.1m capital raising

Litigation funder IMF is planning to raise $39.1 million via a convertible notes issue to shareholders and hopes to use the funds to increase the number of cases under its management to $2 billion.

IMF launches $50m ANZ class action

Litigation funder IMF Australia has lodged a class action against ANZ Bank on behalf of 27,000 of the bank's customers.

Kingstream loss impacts IMF profits

Litigation fund manager IMF Australia has recorded an $11.9 million profit for the 2010 financial year, down from $20.7 million for the previous corresponding period.

Oakvale in $6.8m Ceramic settlement

West Perth financial advisory group Oakvale Capital has settled a dispute with former client Ceramic Fuel Cells Ltd, which will see Ceramic and its litigation funder IMF Australia receive $6.8 million.

IMF completes another Westpoint deal

Litigation fund IMF Australia has secured a confidential settlement in the legal action against Quantum Securities and QBE Insurance in relation to the collapse of property developer Westpoint.

IMF to fund Bank of Qld action

Litigation fund IMF (Australia) has agreed to fund claims on behalf of current and former branch owners of the Bank of Queensland.

IMF to fund Kingstream appeal

Kingstream Steel creditors have been thrown a final lifeline in their bid for a multi-million dollar payout from Saint Barbara Mines, after litigation funder IMF Australia today agreed to fund an appeal against an adverse Supreme Court ruling last month.

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Corporate Finance

Corporate Finance

ECM driven by Business News' corporate finance database includes private equity relationships

Mergers and Aquisitions

Mergers & Acquisitions

Who are the leading hands in the West Australian M&A marketplace

Exporters

LabelValue
Rio Tinto$26.13bn
BHP Billiton Iron Ore$20.48bn
North West Shelf Venture$14.92bn
Gold Corporation$6.82bn
Fortescue Metals Group$6.68bn
Others$22.08bn
FMG
CF 2011
CF Q3 FY12

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