Patrick Evershed's legal battle with New Star is unlikely to be completed this week, with the hearing potentially dragging on until January, the chair of the court announced yesterday.
The hearing was expected to finish on Friday but with the chair of the court undecided about whether to permit former New Star CIO Theo Zemek's statement to be used as evidence, the proceedings are ‘unlikely' to be completed this week. Evershed has claimed he was the victim of constructive unfair dismissal after leaving New Star in 2008, having been "bullied" by founder John Duffield. Zemek, head of fixed income at Axa Investment Managers, has also alleged she was bullied during her six year stint at the firm. However, her witness statement was served late, submitted just three day...
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