In-house: Ben Sherman’s GC moves to Myla; DfT’s former GC Muttukumaru joins Monckton

Lee Gage has left Ben Sherman after five years as general counsel (GC) to join luxury lingerie retailer Myla in the same role. His move comes as Monckton Chambers yesterday (3 June) announced the arrival of the Department for Transport’s (DFT’s) former GC Christopher Muttukumaru as a tenant. Continue reading “In-house: Ben Sherman’s GC moves to Myla; DfT’s former GC Muttukumaru joins Monckton”

Eversheds in talks to extend voting rights as 164 junior partners inject cash

Fixed-share partners to make capital contributions of 25% of profit share

Eversheds started talks in April over the voting rights of its fixed-share partners (FSPs) after they were asked to contribute 25% of their annual earnings in response to HM Revenue & Customs (HMRC) tax changes for limited liability partnerships (LLPs).

The firm called on its 164 junior partners to make the contributions to avoid being deemed employees, which would require Eversheds to pay national insurance contributions for them.

Continue reading “Eversheds in talks to extend voting rights as 164 junior partners inject cash”

Eversheds in talks to extend voting rights as 164 junior partners inject cash

Eversheds has started talks over the voting rights of its fixed share partners (FSPs) after they were asked to contribute 25% of their annual earnings in response to HM Revenue & Customs (HMRC) tax changes for limited liability partnerships (LLPs).

Continue reading “Eversheds in talks to extend voting rights as 164 junior partners inject cash”

High-value commercial litigation rises 16% as recession-related disputes filter through to courts

2013 saw a sharp rise in high-value commercial litigation as major disputes arising from the recession filter down to the courts in greater numbers, according to research released today (7 April) by RPC.

Continue reading “High-value commercial litigation rises 16% as recession-related disputes filter through to courts”

Sole adviser: Eversheds wins Tyco-style primary legal services contract with IATA across 158 countries

Building on the success of its game changing multi-million pound annual retainer with Tyco International, Eversheds has won its largest-ever primary legal services provider contract with the International Air Transport Association (IATA) across 158 countries.

Following a competitive pitch, the UK top 10 firm has secured a contract to service all the legal needs of IATA, the trade association for the world’s airlines, in 93 countries across Europe, North Asia and Asia Pacific, in addition to the existing fixed-fee contract it won last April to deliver legal services in 65 countries across Africa and the Middle East. Continue reading “Sole adviser: Eversheds wins Tyco-style primary legal services contract with IATA across 158 countries”