Ann: Watchstone Litigation Settles, page-5

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    I suppose this further reinforces that SGH's UK woes were of its own making (ie due diligence failure) rather than any impropriety on the part of Watchstone/Quindell. Or at least that if there was, W/Q did a damn good job of covering their tracks.

    Anyway, hopefully that brings to a close the story of one of the most colossal balls-ups of Australian corporate history. IMO SGH only survived at all because most of its assets were intangible and worthless to creditors.
 
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