Lender call to decide fate of troubled Slater & Gordon
The suffering is almost over for Slater & Gordon shareholders as lenders and the company edge closer to an agreement.
Street Talk can reveal debt holders in Australia and the United Kingdom are set to convene on Thursday night via a conference call with their advisors FTI Consulting and McGrathNicol.
An announcement on its fate is expected in the next two weeks. Not surprisingly, 100 per cent of the equity ownership is expected to be transferred to the lenders, which will be enacted ...