Eversheds' hasty due diligence exposed in MG Rover report

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  • The Shed is taking a right royal kicking today - dodgy legal advice, more redundancies and UK jobs for foreign workers. Ouch!

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  • So an Eversheds partner joked in an email that nobody knew what had been bought or what the agreements said. That does not indicate that Eversheds cut corners, just the the client was willing to take a flyer. It does not indicate that Eversheds failed to alert their client to the risks of taking that approach.

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  • "UK jobs for foreign workers"! Are you actually practicing law? I guess you heard nothing during your studies about equality.

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  • I was at Eversheds at the time. The local insolvency partner described it as "a future job in the bag". Seems to me their due diligence was spot on.

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  • I always thought Eversheds were in a class of their own!

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