RE: Slater and Gordon sp collapse25 Nov 2015 16:39
it will take about 12-18 months for any change in the small claims limit to have an effect because these things are never retrospective and it will take the MoJ about 9-12 months to finish a consultation and implement any changes.
but YLF and many others will be in considerable difficulty if the changes happen, but as a listed company S&G are extremely vulnerable to this type of change and speculation as it has the potential to blow their business plan beyond 1 year out of the water.