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Lawyer duo accused of insider trading set for court date
From legalweek.com The two lawyers charged with insider trading by the Financial Services Authority (FSA) have been committed to stand trial in Southwark Crown Court after a hearing in Westminster yesterday (22 September). The contested hearing at Westminster Magistrates Court saw district judge Caroline Tubbs remand former Dorsey & Whitney corporate partner Andrew Rimmington and former McDermott Will & Emery corporate partner Michael McFall on unconditional bail to appear at Southwark on 28 October. Peter King, the former financial director of Neutec Pharma, has also been remanded until the same date.
FSA insider trading case against lawyer duo kicks off in court
From legalweek.com The first hearing has taken place in the case against two lawyers accused of insider trading by the Financial Services Authority, marking the fifth criminal prosecution for insider trading brought by the regulatory body in the last 18 months. Former Dorsey & Whitney corporate partner Andrew Rimmington and former McDermott Will & Emery partner Michael McFall – along with the former financial director of Neutec Pharma, Peter King – have been charged with insider dealing relating to Novartis’s 2006 takeover of Neutec.
New Consumer Laws Safeguard Transmission of Personal Data
From legaltalknetwork.com
Reed Smith signs up Dorsey partner to lead Shanghai launch
From legalweek.com Reed Smith has launched a presence in Shanghai with the hire of corporate partner Jay Yan, the former regional managing partner for US firm Dorsey & Whitney. Reed Smith, which already has two Asian bases in Hong Kong and Beijing, will launch in Shanghai with immediate effect, having recently received a licence to open on the ground.
Trio of firms tune in for roles on 100m buyout of Supernanny TV production company
From legalweek.com Herbert Smith, Dorsey & Whitney and Olswang have taken lead roles on Warner Brothers’ 100m acquisition of British TV production group Shed Media. Warner Brothers, which was advised by Herbert Smith, will take a majority share in Shed Media following the completion of the deal, which is expected to be confirmed by October. The UK top 10 City firm fielded a team led by London corporate partners Alex Kay and Gareth Roberts.
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