Slater & Gordon lost about AU$1 billion after buying Quindell's division for £637m
Slater & Gordon · Legal services (listed)
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Unit economics & burn
Would have tested cash conversion of claims revenue.
Can mislead when: Cost allocation is a judgement call. Kubr shows its assumptions and lets the user change them.
Regulatory & litigation records
Would have found questions about the seller's accounts.
Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.
Third-party confirmation
Would have confirmed work-in-progress with insurers.
Can mislead when: Counterparties can collude or ignore requests. A non-response is logged as a gap, never as a pass.
Where Kubr services would have helped
Valuation context
Offered in India- C8 Would have found questions about the seller's accounts.
- C9 Would have tested cash conversion of claims revenue.
Verified Snapshot
Offered in India- C8 Would have found questions about the seller's accounts.
Financial diligence
Offered in India- C9 Would have tested cash conversion of claims revenue.
Legal diligence support
Offered in India- C8 Would have found questions about the seller's accounts.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.