Posts

Eversheds appoints Rachel Broquard as Service Excellence Partner

Eversheds Sutherland announces the appointment of Rachel Broquard, a partner in its Corporate group, to the newly created role of Service Excellence Partner, effective from 1 April 2020.

This new role is an evolution of that previously held by Andrew McManus, who led the firm’s Client Technology and Innovation team. The new role will incorporate and more holistic approach to client service.

Client-facing technology will be a key part of Rachel’s responsibilities, but with a broader remit to include client service excellence, legal project management and knowledge in the client context. She will also lead on the firm’s innovation agenda.

Rachel has an outstanding track-record in cross-border M&A transactions and forging major client relationships, fulfilling the role of Client or Deputy Client Partner for a number of the firm’s key clients. She has long combined front line transactional work with a passion for innovative client service solutions, often with a technology angle, and has been instrumental in developing a number of Eversheds Sutherland’s client technology offerings including the firm’s flagship M&A project management tool, Dealmaster.

Keith Froud, Managing Partner, Eversheds Sutherland (International) comments: “This is a significant appointment for the firm and I am delighted that Rachel has accepted the position. Taking our approach to service excellence to another level is a strategic priority for us in the coming period, and Rachel has a fantastic track record in this area. She has a long history of delivering innovative, high quality solutions for clients and will make a huge contribution in her new role.”

Rachel Broquard, Service Excellence Partner, Eversheds Sutherland (International) comments: “I am delighted to have been appointed to this role – a first for Eversheds Sutherland – with a focus on service excellence, and am looking forward to close collaboration with our clients and many colleagues across the firm.”

Pensions solutions for policy makers and society

The pensions industry has seen significant change over the last 25 years, with further material challenges, both short-term and long-term, already on the horizon including the revival of the Pension Schemes Bill and its many implications.

To meet these issues head on, Eversheds Sutherland has today (12 February), in conjunction with research company, Winmark, launched a new report: The Future of Pensions.

The report acts as a roadmap for pension policy makers and society as a whole. It tackles the unique challenges currently facing future generations and provides innovative ideas to the ultimate pensions questions: How do we get people to save enough for an affordable retirement, and how can we provide better financial options for retirement?

The report includes an “innovation checklist” of ideas to ensure a better retirement for all, suggested by the senior pensions industry professionals who took part in the research exercise, and on which over 350 participants were then surveyed.

The report’s innovation checklist lists the 18 solutions in order of popularity, with the top five as follows:

  • Annual pensions statements that show actual annual income at retirement
  • Accelerated development of the pension dashboard
  • A savings and pension planning ‘rite of passage’ for young people
  • Extending auto-enrolment to the self-employed
  • A greater role for IFAs, through the introduction of safe harbour legislation

The innovations relate to the four principal themes covered in the report, which came out of the global legal practice’s research process:

  • The future of Defined Benefit (DB) – facilitating a “safe landing”
  • The future of Defined Contribution (DC) – better coverage, adequacy, consolidation and decumulation (converting pension savings to retirement income)
  • The future of long-term pensions: planning and collaboration
  • The future of pensions: engagement and communication

Francois Barker, head of pensions at Eversheds Sutherland, and Partner who commissioned the report, said:

“The Future of Pensions is a huge and urgent topic.

“By focusing on the four key themes identified by our report we have been able to better understand and suggest some innovative solutions for each, as well as capture and incorporate the views of our international colleagues on where the UK may have lessons to learn from overseas jurisdictions, and vice versa.

“The ‘innovation checklist’ of ideas makes for particularly interesting reading as these are some of the solutions, if correctly implemented, that will make the Future of Pensions a better place for all of us. Without a combined effort to tackle these issues by both government and society, whole generations face the threat of simply not being able to enjoy an affordable retirement.

“The pensions landscape remains in a state of flux but what is clear is that we need to transition to a range of new and effective models to ensure that pension provision for the future is adequate and fit for purpose – for all generations of savers, and all groups in a diverse society.”

Eversheds Sutherland reappointed to Welsh Water legal panel

Eversheds Sutherland has been reappointed to Dwr Cymru Cyfyngedig’s (DCC), or Welsh Water’s, legal panel.

Welsh Water is a ‘not-for-profit company’ which has been owned by Glas Cymru since 2001. The fourth largest company in Wales, it supplies 1.4m homes and businesses.

Eversheds Sutherland has been awarded six contracts in employment and pensions, corporate and commercial, data protection, construction, competition, and health and safety.

The global legal practice is one of ten firms to have secured a place on the slimmed-down legal panel.

The contracts are initially for five years, with the opportunity to extend for a further two years.

The Eversheds Sutherland team was led by employment Partner Anthony Rees and construction Partner, Alison Short.

Anthony Rees, said: “We’re thrilled to have secured a reappointment to DCC’s legal panel. We have enjoyed building a longstanding, trusted relationship with DCC over a number of years, and the additional contracts that we’ve been awarded in data protection, health and safety and corporate are testament to that. We look forward to continuing our work with them.”

Powered by excellence

The lawyers of the future are here

As a top 15 law practice, Eversheds Sutherland provides legal advice and solutions to a global client base ranging from small and mid-sized businesses to the largest multinationals.

Bringing true mettle to complex multijurisdictional deals

Eversheds Sutherland has advised Sims Metal Management Limited (Sims) on the agreed €83.5m sale of its European compliance scheme orientated recycling operations to German-based TSR Recycling, a subsidiary of REMONDIS Group.

Sims is one of the world’s largest metal and electronics recyclers with over 250 facilities, including joint venture operations, in 18 countries.

The operations that have been sold are located in Germany, Austria, the Netherlands, Belgium and Sweden. The deal, which is subject to competition approval by the European Commission, includes the sale of Sims’ waste electrical and electronic equipment (WEEE) treatment facilities in Sweden, Norway, Belgium and the Netherlands.

The sale does not include Sims’ global e-recycling IT asset disposal business.

The multijurisdictional Eversheds Sutherland team was led by corporate Partner James Trevis with Principal Associate Anthony Cross (corporate, Germany) and Senior Associate Thomas Plant (corporate, UK).

The wider team included Partners Peter Harper (competition, UK), Simon Weppner (tax, Germany), David Beswick (employment, UK), Jane Southworth (EHS, UK) and Tom van Wijngaarden (corporate, Netherlands), Consultant Stephen Rose (competition, UK), Principal Associates Evy Verhaeghe (corporate, Belgium), Claire Morgan (competition, UK), Anique Bitterlich and Marieke Koster (both employment, Netherlands), Senior Associates Christian Lindner (corporate, Germany), Michael Hardiman (employment, UK), Lukas Ploesch (corporate, Austria) and Laetitia Goor (real estate, Netherlands) and Associates Jake Perryman (corporate, UK), Rachael Tattersall (EHS, UK) and Dane Stattin (corporate, Sweden).

James Trevis commented: “This was a complex, multijurisdictional deal where strong collaboration and careful project management was absolutely key. We have a long standing 20 year relationship with Sims and we’re delighted to have been able to assist on what is a notable transaction for them. We look forward to continuing to support Sims in the future.”

Josef Malik, Director of Business and Legal Affairs at Sims Metal Management Limited, commented: “This was a strategically important deal for our company and we are pleased with this outcome. The Eversheds Sutherland team was excellent, combining a comprehensive understanding of our business with first class legal advice, commercial nous and innovative solutions to ensure the very best result.”

An enhanced platform for international arbitration

Eversheds Sutherland has further strengthened its Litigation & Disputes practice with the appointment of Wesley Pang as Partner in the Arbitration team. Wesley joins the Hong Kong practice on 6 January 2020.

Wesley has broad experience in advising global corporate clients on major, cross-border disputes. He also acts for clients on investor-State cases, on both contentious and non-contentious issues.

He joins the Eversheds Sutherland practice from the Hong Kong International Arbitration Centre where he was Managing Counsel . Wesley’s arrival comes at an important time; arbitration is the preferred dispute resolution mechanism for clients in the energy and projects sectors and Asia’s share of these markets continues to grow, and increased activity is accompanied by demand for experienced disputes lawyers.

The arbitration market in Hong Kong is growing, and more generally across Asia. This sector-driven demand emanates in part by Chinese state owned enterprises (SOEs) and other Chinese organisations. Disputes in the energy and construction sectors are also increasing, in part as a result of China’s ‘Belt and Road’ initiative. Wesley is well-placed to advise these and other Asia-based and multinational organisations that are active in the region and globally.

Stephen Kitts, Managing Partner Asia, commented:

“This is a strategic hire for Eversheds Sutherland. With Wesley’s arrival we can now offer our clients a full-service disputes offering, something very few other international practices in Hong Kong have achieved.”

“Wesley’s significant experience across a number of the global practice’s priority sectors, including energy, infrastructure and projects. His experience in advising on disputes in these sectors matches our transactional expertise, particularly in working with Chinese SOEs and corporates. Wesley is also a respected figure in the arbitration community, where he is a regular speaker at international conferences and seminars.”

Paul Worth, Co-Global Head of Litigation & Dispute Management, added:

“Clients expect the highest quality legal advisers. Wesley’s unique background combines experience on major arbitrations with a well-developed understanding of the arbitration market.”

“He joins the Hong Kong team on the same day as Mark Hughes, who joins from Slaughter and May. Their arrival is a very clear demonstration of our commitment to develop our Asia practice. This follows a number of other significant, strategic hires globally during the calendar year for 2019, as we build on our existing platform as the 7th largest disputes practice in the world.”

If you would like to find out more information, please visit: https://www.eversheds-sutherland.com/

Eversheds Sutherland continues Chicago growth with Tim McCaffrey

Eversheds Sutherland is pleased to announce that Timothy J. McCaffrey has joined as counsel in our recently opened Chicago office. Mr. McCaffrey is the fifth attorney to join the Chicago office since it opened in May; he joins Partner Robert D. Owen in establishing Eversheds Sutherland’s Litigation Practice Group in the Windy City.

“We are committed to growing our presence in the Midwest and are thrilled Tim is joining us in Chicago,” said Ronald W. Zdrojeski, Partner and Co-Head of Eversheds Sutherland’s Global Litigation Group. “His strong reputation in the real estate market will be beneficial to clients with interests in Chicago and beyond.”

Mr. McCaffrey focuses his practice on real estate litigation and regularly counsels clients on real estate development, acquisitions, dispositions, financing, leasing defaults and disputes, and commercial foreclosures. He also has extensive experience advising construction clients including the representation of owners, contractors, subcontractors, and design professionals in disputes related to design and construction defects, project cost disputes, and mechanic’s liens.

In the last 20 years, Mr. McCaffrey has represented some of the largest private equity fund and real estate developers, owners, and managers in litigation over their assets. He has significant experience in civil and criminal litigation that includes class action lawsuits, antitrust actions, and breach of contract actions in the securities, construction, health care, pharmaceutical, and financial industries. In addition, Mr. McCaffrey brings white collar fraud criminal experience that includes cases involving public corruption, mortgage fraud, tax fraud, health care fraud, public finance, and insurance fraud.

He has also worked on numerous internal investigations and represented clients with respect to government investigations by the Securities and Exchange Commission, the Department of Justice, and the Department of Health and Human Services.

Litigation Practice Group

With more than 100 litigators, Eversheds Sutherland’s Litigation Group has tried and argued cases in the US Supreme Court, all 13 circuits of the US Court of Appeals, the Court of Federal Claims, the Tax Court and hundreds of federal district and state trial and appellate courts. Eversheds Sutherland’s litigation team represents regional, national and international clients from a broad range of industries, including energy, financial services, securities, insurance, construction, manufacturing, automotive, distribution, education, professional services, data privacy, electronics, technology and defense.