SGH 0.00% 74.0¢ slater & gordon limited

Ann: Market Update Amendment to Syndicated Facility Agreement, page-471

  1. 2,896 Posts.
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    Hi Brad

    Just doing a bit of trawling ........ and was interested in this post of yours back in April .

    With the SGH win ref Mannus - how relevant do u reckon their associations would be with the various "class Action Funders " - I am thinking very .

    A bit of recent noise lately about SGH involvement in a class action against VW ( rightly or wrongly )

    Do u know what sort of a deal class action funders enter into with Law firms - is it on all risk basis - with a big split of the legal fee . How would it feature on the Balance Sheet ?

    Lots of talk about the cost to SGH to fund these big legal cases ....however if they are funded by a 3 rd party , then the strain on cash flow is significantly reduced .

    cheers

    VA
 
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