Howden
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Rates will remain elevated in a period of structurally higher risk premia.
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In June, this publication revealed that Apollo had appointed Evercore and Howden to run a process.
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The company said defendant "distraction" can’t make up for flimsy arguments.
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Parrish, now CEO of Howden US, and his colleagues said they didn’t violate contracts.
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A key hearing in the poaching case is set for September 4 in New York.
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The move is a retaliation to Howden’s US retail launch.
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The plaintiffs seek a declaration that part of Marsh recruits’ restrictive covenants are unenforceable.
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CEO David Howden accused rivals of “restricting choice for their own clients”.
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Group CEO David Howden says: ‘Our doors are open’.
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An industry veteran of 34 years, the executive is known for placing US healthcare business in London.
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The suit asserts the raid will cause “incalculable harm” to the broker.
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The lawsuit claims more than 100 employees left with Parrish and his three reports.