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Headline

Optima reprimanded by the SRA over Capita investment

Comment

This is unfortunate to say the least. As others has already commented Halliwells mismanagement goes unpunished but perhaps of greater importance is the financing deal was set up in such a way as to contravene regulations. Given the impending law change scheduled for 14 months hence alternative funding options were available. Prodision of external finance to law firms is not exactly rocket science; why not use them as others have.

Posted date

10-Aug-2010

Posted time

0:19 am

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