Dorsey and CMS advising on Slater and Gordon's Quindell claim as war chest for defence triples

Watchstone - the company formerly known as Quindell - hikes legal costs provision for case to £3.5m

US firm Dorsey & Whitney is advising Watchstone Group – the UK company formerly known as Quindell – on a £637m claim brought against it by Australian-listed firm Slater and Gordon.

The claim relates to Slater’s 2015 acquisition of Quindell’s professional services arm. The Australian firm, which saw its share price collapse and losses balloon following the purchase, has alleged fraudulent misrepresentation in connection with the deal.

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