2nd Circ. Grants Gupta Speedy Appeal

Law360, New York (December 6, 2012, 1:55 PM EST) -- The Second Circuit on Thursday ruled that former Goldman Sachs Group Inc. director Rajat Gupta’s appeal of his conviction for providing insider information to hedge fund founder Raj Rajaratnam would proceed on an expedited basis.

A two-judge panel for the Second Circuit ordered Gupta’s opening brief in the case be filed in January and said the merits appeal would be assigned to a panel in early April.

Circuit Judge Susan L. Carney has recused herself from the matter, according to the order.

On Tuesday, the panel...
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