Quiet ambition: Stephen Hunter, QC

Sun, 03 Jan 2021

“My first reaction was, Stephen who?” Metlifecare director Mark Binns recalls.In the middle of a global pandemic, the NZX-listed retirement operator found itself fighting its Swedish suitor EQT, a massive hedge fund with more than 62 billion euros under management.EQT was trying to snake out of the takeover deal using a material adverse change clause, known as a MAC, and blaming covid-19.Metlifecare needed a top QC, and it needed one fast.“We knew EQT had Alan Galbraith who has been around a long time and was high profile...

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