Ex-Barclays EME investment GC Handling joins BlackRock
Erica Handling left the bank's investment arm in March amid a raft of departures and moved to BlackRock earlier this month
May 27, 2015 at 06:14 AM
2 minute read
BlackRock has picked up former Europe and Middle East general counsel of Barclays' investment arm Erica Handling, who has joined the funds manager in a similar role.
Handling, who left Barclays at the end of March, moved over to BlackRock earlier this month.
She replaces James DesMarais as EMEA GC, who retired in December to return to the US.
DesMarais spent nine years with the funds manager, seven of which were in London, and served as chief compliance officer of EMEA and Asia-Pacific before taking on the GC role.
Between DesMarais' departure and Handling's arrival, BlackRock drafted in one of its senior US lawyers, Richard Ostrander, to fill the position on an interim basis.
Handling's exit is one of several departures to have affected Barclays' in-house legal team this year.
Other notable exits include Joanna Carver, Barclays' global head of legal for corporate banking, who left the bank around March; managing director of litigation and investigations Jonathan Peddie, who stepped down in March; global GC for corporate and investment banking Judith Shepherd, who is in the process of leaving the bank; and Dave Hart, Barclays' former head of litigation, who took up his new post as head of litigation at BT last month.
Rick Vassell, the bank's global GC for wealth and investment management, is also understood to have left late last year.
Handling's former position at Barclays is currently being filled by Asia-Pacific GC Simon Croxford, who has moved back to London to do the job. He is also currently still filling his Asia role until a successor is appointed.
The mounting exits are understood to be the result of an attempt to streamline the bank's legal function as it undergoes a wider restructuring exercise that is set to see the bank cut 19,000 jobs.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllBroadcom Hires From Nuclear Giant to Appoint French Legal Head
GCs Say They are Getting 'Edged Out' of UK Boardrooms
'I Won’t Name the Firm, But...'—Barratt Redrow's Legal Head on External Counsel Red Flags
Trending Stories
- 1Former President of New York State Bar, and the New York Bar Foundation, Dies As He Entered 70th Year as Attorney
- 2Legal Advocates in Uproar Upon Release of Footage Showing CO's Beat Black Inmate Before His Death
- 3Longtime Baker & Hostetler Partner, Former White House Counsel David Rivkin Dies at 68
- 4Court System Seeks Public Comment on E-Filing for Annual Report
- 5Foreign-Company Lobbyists Would Need to Register Under Proposed DOJ Regulation
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250