Slater and Gordon impact

Just wanted to get some thoughts on what impact we could see on IMF if SGH goes under.

We know they are providing the legal services for a number of IMF's class actions (and non class actions? ). I suspect if/when they go into administration, they still have significant value given their case book and so their creditors will take ownership of them and try to preserve the company.

So my initial thoughts are that while it would be disruptive to SGH staff and there would be some natural attrition or even forced redundancy, they will survive in some form and hopefully have minimal impact to existing cases.