SGH 0.00% 54.5¢ slater & gordon limited

Countdown to administration, page-151

  1. 694 Posts.
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    "This is also why List A is now insisting on funds being directly deposited to their trust account and not to SGH's."

    I was wondering whether that actually helps the Barristers cause at all.

    I would have thought the funds would be held on trust for SGH, so the receiver could demand them back.

    Unless the List A manager is relying on that old legal rule that possession is 9/10ths of the law ..
 
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Currently unlisted public company.

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