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Eversheds sails through as a preferred legal adviser to Pentair Flow Control

  • United Kingdom

    19-07-2013

    Global Law firm Eversheds has been appointed as a preferred legal adviser for the Pentair Flow Control businesses in EMEA , following its spin off from Tyco in September 2012.

    Pentair Flow Control makes valves and controls and provides thermal management solutions as part of Pentair´s broadly diversified portfolio. The firm’s new two year contract covers routine work such as litigation, certain IP and commercial work as well as premium work including major litigation, M&A and anti-trust work. The model is similar to the latest deal struck with Tyco, which will deliver transparency, control and predictability on costs across the EMEA region.

    Stephen Hopkins, Head of Global Client Development at Eversheds commented,

    “We have worked with Pentair’s new Associate General Counsel, Marek Tapsik for a number of years. Marek has experienced the benefits that the Eversheds partnership delivered to Tyco and he believes those benefits can also be delivered for Pentair.

    “Data and management information will still form a significant part of the overall process. Utilising e-billing systems such as Serengeti, being used by Pentair, enables Eversheds to analyse risk issues, implement efficiencies and move towards a single fixed fee for Pentair’s work in the region."

    Marek Tapsik, Associate General Counsel EMEA at Pentair commented:

    “Having worked with Eversheds and seen the success in the operation of the model, I was keen that the Flow Control businesses continued to work with the same discipline. The Pentair legal team were impressed with the results of the approach that Tyco used with its outside counsel and it is the intention that we will adopt the same approach with Eversheds. Both Eversheds and Pentair are committed to exploring a fixed fee environment."

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