Tyco and Eversheds expand multi-jurisdiction legal services engagement

Eversheds LLP and Tyco International Ltd today announced that they have further expanded their multi-jurisdiction engagement. In this next phase, innovative new mutual-profit arrangements will be applied to the management of the company's most complex and highest-priority matters. "This partnership is truly precedent-setting in the sense that a single law firm has been entrusted by one client with such a comprehensive range of legal service needs, and in more than 30 jurisdictions," said David Gray, Chief Executive of Eversheds. During the next phase, Eversheds will continue handling Tyco work such as the recent multi-jurisdiction Ancon business divestiture and the major restructuring of Tyco businesses in Europe, the Middle East, and Africa (EMEA). Additionally it will bring new performance-based efficiencies to its regular commercial and compliance work.

Tyco and Eversheds expand multi-jurisdiction legal services engagement eversheds.com Tue, May 20, 2008