Almost a new beginning for Slater & Gordon

It’s almost the beginning of a new era for Slater & Gordon. Andrew Grech will be departing; all the current members of the Board of Directors will be replaced and the holders of the remaining debt of the firm will become owners of 95% of the company’s equity. The details of the Recapitalisation Agreement were announced to the ASX today.  Were it not for the trail of legal class actions and the action by Slater & Gordon related to its UK acquisition, it would be a completely fresh start. It is almost exactly 10 years since the momentous public listing. Private investors, super funds […]