The business had attracted adverse speculation because of its cashflow earlier this year. But, in newly released H1 results for 2014, it discloses a revenue figure of £180m for its legal services division which is well over double the £75m it disclosed for the same period in 2013. Its earnings before interest, tax, depreciation and amortisation is £101m - or 56 per cent of revenue. Quindell also announced that it has begun legal proceedings against Gotham City Research after its report on Quindell earlier this year was followed by a significant fall in Quindell's share price. Source: Legal Futures
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