Well, received an email from one law firm from Perth whom some of us also mentioned and contacted along with Maurice Blackburn, S&G or Shine Lawyers. (can't name here as email has confidential disclaimer).
They wrote:
My firm is willing to assist by providing legal advice about the s444G application and any other matters related to the insolvency of the company and the deed of company arrangement. My firm is also willing to enter an appearance in the Supreme Court, and if there is merit in doing so, opposing the application on behalf of the shareholders (or some of them).
However, we are commercial litigation firm that provides advice and representation in return for payment of fees on an hourly rate, or an agreed fixed rate. We do not operate on a speculative basis or “no win no fee” basis. If you chose to engage us, we would require funds to be deposited into our trust account ahead of any fees being incurred.
My rate is $495 per hour (including GST). I expect that it would take at least 10-20 hours to provide you with initial advice about the case, depending on the volume and complexity of the background facts. Accordingly, we would require an up front payment of $10,000 into our trust account for the first stage. This is an estimate, not a lump sum, so if it is simpler than I expect, some of this money might be returned to you.
If any or all of you would like to proceed on this basis, please respond, and then I will need to make arrangements to meet with some of you to get more details in order to provide the advice. My rate is $495 per hour (including GST). I expect that it would take at least 10-20 hours to provide you with initial advice about the case, depending on the volume and complexity of the background facts. Accordingly, we would require an up front payment of $10,000 into our trust account for the first stage. This is an estimate, not a lump sum, so if it is simpler than I expect, some of this money might be returned to you.
If any or all of you would like to proceed on this basis, please respond, and then I will need to make arrangements to meet with some of you to get more details in order to provide the advice.
What you say guys? or Do you want to wait for "No Win No Fee" lawyers responses from Maurice Blackburn, S&G or Shine Lawyers?
