UK court dismisses insider dealing case
Legal World
Britain's regulator lost its first criminal case for insider dealing on Thursday as a jury acquitted a lawyer and a finance director of wrongdoing and a second lawyer had charges against him dropped.
The Financial Services Authority had charged Andrew King, a finance director, and lawyers Michael McFall and Andrew Rimmington with eight counts of insider dealing during the 305 million pound ($450 million) takeover of biotech firm NeuTec Pharma by Swiss drugmaker Novartis.
But in a blow to the regulator, the jury dismissed the charges against McFall -- a former partner at law firm McDermott Will & Emery -- and King, the former finance chief at NeuTec.
Rimmington, a former partner at law firm Dorsey & Whitney, was discharged by the judge half-way through the trial for personal reasons. His brother had been assaulted and killed and the FSA said it was not pursuing him separately.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.