Analysis

Legal Battle May Show Risk Of GC Wearing Too Many Hats

Law360 (December 3, 2020, 8:50 PM EST) -- A trail of lawsuits and a messy arbitration involving a former general counsel and his company reveal a cautionary tale about what can happen when an employee is tasked to wear two big hats — one as top legal officer and the other as head of an affiliated business.

The legal battle has been going on since Christmas Eve 2018 between a cash advance company called Pearl Capital Business Funding LLC, which is owned by Five Hole LLC, and Pearl's ex-general counsel Steven Berkovitch and ex-assistant GC Ariel "Ari" Bouskila.

The two men are name partners of a debt collections law...

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