Shaun Bonett, Chairman of Litigation Lending welcomes the appointment of Stephen Conrad as Chief Executive Officer
After an extensive search we are delighted to announce that we have appointed Steve Conrad as the new CEO of LLS.
Steve is extraordinarily well qualified for this role with his most recent work as advisor, Executive Director and CFO of one of our peers, Litigation Capital Management Limited (LCM).
During Steve’s time at LCM they undertook capital raisings on the ASX (together with a delisting from the ASX and subsequent listing on the London Stock Exchange) and LSE, expansion of the business into new geographies of Asia and Europe, together with the establishment of an asset management platform raising an inaugural fund and setting up of an AFSL. Prior to his time at LCM, Steve was an independent advisor specialising in asset management and infrastructure, with a 25 year career in financial markets working for global banks in Singapore, Hong Kong and Sydney.
One of the key considerations for our selection of CEO was to bring relevant transactional experience in-house in the areas of capital and strategy. Steve has unparalleled experience in raising capital and going through the IPO process with LCM, which is a high priority for consideration at LLS. Steve joins Jeff Chamberlain as CFO and Lisa Brentnall and Kim May as senior Litigation Managers who round out the executive team.
I am thrilled to welcome Steve to the LLS team and look forward to Steve and the team taking what has been a very successful business to the next level. Steve started with LLS on 2 July 2020.
The LinkedIn profile for Steve can be found here https://www.linkedin.com/in/mrsteveconrad/
Compensation for thousands of Stolen Wages victims in Western Australia
The WA Government has settled a class action for Stolen Wages on behalf of many thousands of Aboriginal Australians who worked in Western Australia and were not paid some or all of their wages while they were subject to legislation in effect from 1936 to 1972. As part of the class action settlement, the State of WA will pay up to $180.4 million to eligible aboriginal workers or their surviving spouses and children.
The West Australian: Barbara Moore, group member for Stolen Wages WA class action “They should pay us now. It’s time. Enough is enough.”
It’s time for the WA Government to listen and pay victims what they are owed. As the fight continues for victims of wage theft, LLS together with our partners at Shine Lawyers, is determined to play our part in the pursuit of justice.
Innovate Reconciliation Action Plan Launch – July 2023
Reconciliation Australia have endorsed Litigation Lending’s Innovate Reconciliation Action Plan.
Appointment of Investment Manager – May 2023
Litigation Lending is delighted to announce the appointment of our new Investment Manager Paris Hamrey.
Justice for Stolen Generations. An historic $50.45 million class action settlement approval for deceased members of the NT Stolen Generations and their descendants.
Approved by the Supreme Court of NSW on 17 April 2023.
Rebecca Le May writes in The West Australian on stories for some of WA’s hard working First Nations peoples who had their wages withheld under the government’s regulatory policies at the time.
What is the price of slavery? What actually happened to the 14,000 or so First Nations people of WA who were enslaved to work for little more than board and rations?