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November 30, 2009
EADS insider trading defendants await verdict
...were confident their arguments would carry the day, but some defendants voiced fears. "The AMF has thrown so much at this and it...Now the 12-strong sanctions committee, which can review all evidence - including that on the original 17 - will make the...issue a warning in June that wiped 26 per cent off its shares. All deny any wrongdoing and on Friday, Louis Gallois, EADS chief... By Peggy Hollinger in Paris
November 29, 2009
EADS insider trading defendants await verdict
...were confident their arguments would carry the day, but some defendants voiced fears. “The AMF has thrown so much at this and it would...Now the 12-strong sanctions committee, which can review all evidence – including that on the original 17 – will make the...issue a warning in June that wiped 26 per cent off its shares. All deny any wrongdoing and on Friday, Louis Gallois, EADS chief... By Peggy Hollinger in Paris
January 30, 2010
Vivendi guilty of misleading investors
...New York court found the French entertainment group guilty on all 57 counts of misleading shareholders on the company's health...acquisitions spree that left it in near ruins.Individual defendants including Jean-Marie Messier, the former chief executive who...tried to verdict of its kind"."Very few of these cases go all the way to trial, and we are gratified at the outcome... By Kenneth Li in New York and Peggy Hollinger in Paris
January 29, 2010
Vivendi guilty of misleading investors
...could face billions of euros in potential damages after a New York court found the French entertainment group guilty on all 57 counts of misleading shareholders on the company’s health over a two-year $77bn acquisitions spree that left it in near ruins. Individual defendants including Jean-Marie Messier, the former chief executive who was forced out in 2001, and Guillaume Hannezo, former... By Kenneth Li in New York and Peggy Hollinger in Paris
February 2, 2010
Verdicts help two fallen French idols stage comebacks
...president, the Paris prosecutor has decided to appeal against the verdict.This means that Mr de Villepin and the other defendants in the Clearstream affair will face another trial. On the face of it, the prosecutor's decision to appeal seems to be...As for Vivendi, it intends to challenge the verdict and fight a class action case it deems to be without substance, all the more so given that the company's former top managers have been cleared.The problem for the French media, entertainment... By Paul Betts
February 4, 2010
Croatia murder suspects on trial
...owner assassinated with a car bomb in 2008, went on trial on Wednesday in Zagreb with the four suspects in the courtroom all pleading “not guilty”.Authorities have described the case as a landmark in the battle against organised crime as Croatia...5m to kill the Croatian journalist. Mr Jocic and another Serb associate await a separate trial in Belgrade.Two other defendants wanted in Zagreb were absent on Wednesday.Zeljko Milovanovic, accused of obtaining the explosives and parking the scooter... By Neil MacDonald in Zagreb
February 1, 2010
Morrison seeks landmark damages
...looking for a payday of its own as it attempts to extract millions of pounds in damages from him and other employees. Of all the financial challenges that David Webster faced as chairman of Safeway, the last he expected was to be slapped with a damaging...and staff. The case passed its first big legal hurdle when – in a little-noticed High Court judgment last month – the defendants failed to have the claim thrown out on the grounds that it was unfair for Safeway to try to recover compensation for a liability... By Michael Peel, Legal Correspondent
February 3, 2010
Hands taxed by Citi push to have EMI case transferred to London
...the Inland Revenue on non-residents who have not severed all connections with the UK.Citi has argued that agreements governing...should be settled in London. The bank also said that almost all the major events, companies and people referred to in the...the case should be tried in New York, not least because the defendants are the US-based parent of Citi and three subsidiaries... By Martin Arnold, Private Equity Correspondent
February 2, 2010
Hands’ dilemma as Citi seeks court move
...the Inland Revenue on non-residents who have not severed all connections with the UK.Citi has argued that agreements governing...should be settled in London. The bank also said that almost all the major events, companies and people referred to in the...the case should be tried in New York, not least because the defendants are the US-based parent of Citi and three subsidiaries... By Martin Arnold, Private Equity Correspondent
January 31, 2010
Would-be barristers to face language exam
...were 50 per cent oversubscribed. The exam, which would also test analytical and critical thinking skills, would apply to all applicants, she said.The Bar hierarchy has been worried about levels of linguistic competence since an in-house survey...such as the fictional Rumpole or the real-life Sir Edward Marshall Hall, whose persuasiveness helped win acquittals for defendants in a series of sensational murder cases during the late Victorian and Edwardian era.Instead, the islands of inarticulacy... By Michael Peel and Jane Croft