RE: Slater and Gordon sp collapse23 Nov 2015 17:38
Admin, I have reported Bondstreet's 1423 post because it is blatantly dishonest and designed to mislead your members. As he well knows, the money in escrow can only be forfeited through due legal process as a result of a breach in the terms of the sale: ('a bond, deed, or other document kept in the custody of a third party and taking effect only when a specified condition has been fulfilled.') An apparent cash flow issue for S&G certainly does not qualify as any kind of breach by QPP.
Furthermore, Bondstreet's comment concerning 'rebates from hearing claims' is equally deceitful as the terms of the sale of PSD included an agreement to split/share NIHL revenues, whatever that sum amounted to, over a period of time. Again that figure cannot be influenced to address 'reduced cash flow'.
Surely it is time to deal with this vexatious and persistently disingenuous member? His intentionally manipulative posts do this forum no credit whatsoever. Enough is enough!