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News in-depthBanks
Court case forces M&A bankers to take conflicts seriously
...The 2011 private equity buyout of US ambulance company Rural/Metro was an unremarkable takeover that earned Royal Bank of Canada $5m in advisory fees....
December 1, 2015
John Kay
It often takes a short-seller to catch a financial thief
...The second, a firm of ambulance-chasing solicitors called Quindell, took a little longer to unravel, after it successfully sued for libel in the UK courts....
January 12, 2016
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
US & Canadian companies
Delaware Supreme Court rules against RBC in M&A case
...Rural/Metro, an ambulance operator, was sold for $728m. RBC said in a statement: “We are disappointed with the court’s determination but respect its decision.”...
November 30, 2015
FT AlphavilleEquities
FTAV Person of Interest 2015: the longlist
...(FT Alphaville) Andrew Grech, MD, Slater & Gordon: Thanks to the Oz ambulance chasers, the Quindell of 2015 was literally just Quindell again....
December 21, 2015
FT AlphavilleDan McCrum
Tick tock, Quindell, the time for answers approaches
...It combined an ambulance chasing law firm with solar panel installation, physiotherapy, car repair and bold but largely unfulfilled plans to put electronic tracking devices in cars....
June 16, 2015
FT AlphavilleSujeet Indap
Beta max
...The court case in question relates to the 2011 acquisition of Rural-Metro, a publicly-traded ambulance provider, by private equity firm Warburg Pincus for $438m, excluding net debt....
June 19, 2015
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
FT AlphavilleDan McCrum
One question for Quindell
...We started paying attention and realised Quindell had become one of the largest ambulance chasing law firms in the UK....
February 13, 2015
Banks
RBC rapped over ‘staple financing’ advice
...A Delaware judge has ruled against Royal Bank of Canada over advice the lender gave in the 2011 buyout of an ambulance operator, in a decision that is likely to have far reaching consequences for Wall Street...
March 9, 2014
Markets InsightCapital markets
Most hedge funds can only dream of SAC-style returns
...“Without a doubt, this is the worst crisis the industry has faced,” say breathless press releases from ambulance-chasing law firms....
July 31, 2013
ObituaryWorld
Lawyer who introduced wine to presidents and the people
...He would go on to work as a grocery-bagger, lumberjack, longshoreman, lorry driver, lifeguard, ambulance driver and policeman to finance his law degree at the University of California, Berkeley....
April 29, 2011

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