Sundance attracts backer for litigation against Congo

SUNDANCE Resources has signed a binding “capital provision agreement” with a funding firm described as “the world's leading global finance and asset management business focused on law” that’ll allow the ASX-listed company to pursue a US$8.76 billion damages case against the Republic of Congo following cancellation of iron ore permits last last year.

Sundance attracts backer for litigation against Congo Sundance attracts backer for litigation against Congo Sundance attracts backer for litigation against Congo Sundance attracts backer for litigation against Congo Sundance attracts backer for litigation against Congo

The commercial details of the agreement between Sundance and Burford Asia Investments haven't been disclosed.