Slater & Gordon Limited (ASX: SGH) is the law firm that is weighed down by a mountain of debt after its disastrous acquisition of Quindell’s UK business. It it cannot deliver positive cash flows in 2017 it would seem a creditor-driven restructure detrimental to current shareholders is more than likely in 2017.
http://www.********.au/2017/01/18/10-shares-i-would-avoid-in-2017-2/
