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Employee ownership: getting the best from your trustees

When a business chooses to transition to employee ownership (EO), a trust must be established for the benefit of the employees of the company. The trust becomes the legal owner of the company shares, and the trustees are appointed to the board of that trust. Their role is to protect the interests of the employees as shareholders.

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Gherkin Kirkland

Kirkland takes more space in the Gherkin as headcount swells

Kirkland & Ellis has signed up for an extra floor in The Gherkin, The Lawyer understands, as its considerations around new London digs drag on. The US firm is understood to have signed a short-term, four-year lease that will also see it add the 27th floor to its real estate footprint. It is understood that […]

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