Eversheds Sutherland

Lawyers 3,000 +
Turnover $1.5 billion
Offices 70

Eversheds Sutherland’s corporate practice advised Shell on its sale of Shell Energy in the UK and Germany to Octopus Energy Group.

In one of the largest and highest value office lettings of the year in London, its real estate practice supported international the biopharma client GSK on the relocation of its global headquarters.

In a case that ended up in the Supreme Court, the law firm advised HSBC on a claim brought by the liquidators of Stanford International Bank, based in Antigua, related to the disgraced financial institution’s Ponzi scheme.

The Supreme Court ruled that Stanford International Bank (SIB) did not suffer any loss when payments were made out of its bank accounts, before it went into liquidation, to discharge debts owed by the company to its customers, as the payments reduced the company’s liabilities by an equivalent amount and had no effect on its net asset position. SIB therefore had no cause of action against HSBC bank, which made the payments out of its accounts.