Quindell plans to sell operating division to Slater & Gordon
Quindell PLC has confirmed it plans to sell off a division after a series of acquisitions since 2012
January 22, 2015 at 01:12 PM
2 minute read
Quindell PLC, the Aim listed legal services provider, is in talks with Slater & Gordon to sell one of its operating divisions to the firm.
Software and outsourcing firm Quindell, which was first granted an alternative business licence in December 2012, has been on a run of law firm acquisitions since then, but it is now looking to dispose of an unidentified division of the company.
In an announcement to the City on 2 January it said it had "entered into exclusivity arrangements in respect of the possible disposal of an operating division of the group".
Today, it confirmed that Slater & Gordon Limited was "the party referred to in previous announcements".
The announcement urged, however, that "there can be no certainty that these discussions will lead to an offer for, or the disposal of, an operating division of the group".
Quindell Porfolio is the parent company of a range of law firms including Silverbeck Rymer, Pinto Potts, Abstract Legal Holdings.
In April 2013, roadside vehicle rescue firm RAC signed a five year deal with Quindell, in which RAC became a shareholder in Quindell and Quindell took on RAC's car accident claims in areas such as personal injury, medical reporting, rehabilitation and car repairs.
The total value of the deal was estimated at £500m a year to Quindell.
Led by group managing director Andrew Grech, Australian outfit Slater & Gordon – which is listed on the Australian stock exchange – first entered the UK market in 2012 with the acquisition of Russell Jones & Walker.
|This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
MoFo Launches in Amsterdam: Exclusive Interview with Global Chair Eric McCrath
2 minute read
Hogan Lovells Boosts Corporate and Finance in 2025 Partner Promotions
Trending Stories
- 1The Law Firm Disrupted: With KPMG's Proposed Entry, Arizona's Liberalized Legal Market is Getting Interesting
- 2Womble Bond Dickinson Adds New Leaders as Merger Is Completed
- 3Family's Disability Discrimination Suit Cleared to Go Forward Against Six Flags
- 4Turning Over Legal Tedium to AI Requires Lots of Unglamorous Work on Front End
- 5Appellate Division Rejects Third Circuit Interpretation of NJ Law, Says No Arbitration for Insurance Fraud
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
