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Hedge funds to take control of Slater & Gordon - The Sydney Morning Herald

Class action law firm Slater and Gordon is set to be owned by a consortium of international hedge funds after agreeing to a bailout that will see it emerge with a new board and strategy. The new plan, revealed on Thursday night, will involve hedge ...and more »

Hedge funds swoop on Slater & Gordon - The Australian

Stricken law firm Slater & Gordon will be effectively owned by a consortium of hedge funds led by Anchorage Capital Partners in a debt-for-equity deal that wipes out the holdings of existing shareholders. Anchorage and a clutch of other hedge funds ...and more »

Slater and Gordon just lost another $546.8 million - and is now in the hands of hedge funds - Business Insider Australia

Slater and Gordon has unveiled another loss, this time $546.8 million after more than $1 billion last year, as the first ASX-listed law firm comes under the control of new hedge fund owners. The company, brought down by an investment in a UK business ...and more »

Slater and Gordon splits off UK operation - Law Gazette

Listed firm Slater and Gordon today announced it will break off its UK operation to focus fully on the Australian business. Directors unanimously voted to support recapitalisation of the business to effectively hand over control to international hedge ...and more »

Slater and Gordon's UK business to split from Australian parent - Legal Week

Slater and Gordon's troubled UK business is to be divided from its Australian parent into a holding company owned by the indebted firm's senior lenders. In an announcement to the Australian Stock Exchange (ASX) today (31 August), the listed firm ...and more »

Slater & Gordon to break off UK operations - Insider Media

Beleaguered law firm Slater & Gordon has outlined dramatic plans to break off its UK operations to focus on its Australian business. The firm, which is listed on the Australian Securities Exchange, has announced that all UK operations and UK ...and more »

Anglo-Aussie break up: Stock market-listed Slater and Gordon confirms split from UK arm - Legal Cheek (blog)

Aussie-listed Slater and Gordon (S&G) has confirmed it will break off its UK operations and hand control over to the firm's senior lenders. In an announcement to the Australian Stock Exchange (ASE) today, personal injury solicitors S&G revealed that as ...and more »

Slater & Gordon Limited is now owned by US hedge funds - Motley Fool Australia

Beleaguered law firm Slater & Gordon Limited (ASX: SGH) was one of the last companies to report in earnings season, a distinction usually reserved for companies in a troubled state – and so it was with Slater. The company announced losses of $547 ...and more »

Slater & Gordon Market Cap $27m, Loss $547m - ShareCafe

Every now and then there is a financial result so staggering that you can wonder if the company can - and in this case should - survive. But that is what happened to listed law firm Slater and Gordon which used the last day of the reporting season to ...and more »

Slater & Gordon law firm splits from parent - The Times

The UK's first publicly listed legal services business is to split from its parent company in Australia, Slater & Gordon said yesterday in the latest effort to save the financially struggling operation. The company told the Australian Stock Exchange ...and more »