IMF funds claim against Bradken, FMG

Litigation funder to support damages claim alleging patent infringement.

Litigation funder IMF Australia (IMF) will fund the claims of Lynx Engineering Consultants Pty Ltd for damages against wholly owned subsidiaries of Fortescue Metals Group (FMG) and Bradken (BKN), alleging infringement of its patent.

In a statement to the Australian Securities Exchange, IMF said the patent protects Lynx's design for bulk material transport containers that have been used by miners to transport iron ore in north-west Western Australia.


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