Feb 18 (Reuters) - IMF Bentham Ltd IMF.AX :
* Conditional settlement - standard & poor's
* On 19 February 2016 a confidential settlement deed was entered into to give effect to a settlement of the class action
* "If all of preconditions to settlement deed are satisfied, IMF currently expects to generate revenue of about $52 million"
* "If all of preconditions to settlement deed are satisfied, IMF currently expects to generate profit after capitalised overheads (but before tax) of about $47 million"
* Refers to class action in federal court of Australia on behalf of about 90 local councils, churches and charities against certain mcgraw-hill companies
* Settlement of class action against S&P is one of variables affecting timing and amount of distributions from lehman Australia
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