Addleshaw Goddard settles arbitration with former partner over Nabarro move
Arbitration came after Mark Haywood left to join Nabarro in Manchester in 2014
January 19, 2017 at 09:42 AM
2 minute read
Addleshaw Goddard has settled arbitration proceedings the firm brought against former real estate head Mark Haywood after his move to Nabarro in 2014.
Real estate partner Haywood left Addleshaws in 2014 to set up Nabarro's Manchester office alongside Addleshaws real estate partners Monica Brij and Nathan Jansen.
It emerged in November that Addleshaws had brought arbitration proceedings against Haywood as a result of the move.
Partners at Addleshaws now say the case has been settled, although the terms of the settlement are not clear.
Arbitration clauses are generally contained within a firm's partnership deed as the preferred means of dispute resolution as they are confidential.
Partnership expert Tina Williams, who chairs the law firm Fox Williams, explained: "LLP agreements routinely contain a clause requiring disputes between partners and the LLP to be submitted to arbitration for the simple reason that arbitration is a private process, whereas court litigation is conducted in the public arena."
She added that the reasons for arbitration clauses to be invoked include breakdown of settlement negotiations, disputes over questions of law and in situations "where emotion around a dispute is running high".
Nabarro is understood to have been supporting Haywood through the process. Haywood was represented by Lewis Silkin and John Machell QC of Serle Court.
Last year, partners at Addleshaws voted through changes to the firm's partnership deed that made it more difficult for partners to leave. Under the previous deed, only seven equity partners were allowed to leave in a one-year period. With the new deed, that remains the same but there is also a combined number of fixed-share and equity partners that will trigger a lock-in, although it is not clear what that was.
The new deed also introduced a "bad leaver's clause", which enables the firm to cut the equity of partners who carry out certain behaviours when they leave the firm.
Addleshaws will absorb Scottish firm HBJ Gateley later this year, while it is also in talks with US firm Hunton & Williams and German firm Luther.
Addleshaws and Nabarro declined to comment.
This content has been archived.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 AllSamsung Flooded with Galaxy Product Patent Lawsuits in US Court
DLA Piper Sued by 2 Houston Companies, Alleging 'Fake Lawyer' Represented Them in Argentina
3 minute readSingapore Tycoon Loses Suit Against HSBC, Sentenced To Prison On Forgery Charges
Trying a Case for Abu Ghraib Prisoners Two Decades After Abuse
Trending Stories
- 1Gibson Dunn Sued By Crypto Client After Lateral Hire Causes Conflict of Interest
- 2Trump's Solicitor General Expected to 'Flip' Prelogar's Positions at Supreme Court
- 3Pharmacy Lawyers See Promise in NY Regulator's Curbs on PBM Industry
- 4Outgoing USPTO Director Kathi Vidal: ‘We All Want the Country to Be in a Better Place’
- 5Supreme Court Will Review Constitutionality Of FCC's Universal Service Fund
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