Former Black Employees Support Ravelston Plea

Law360, New York (January 26, 2007, 12:00 AM EST) -- Although Ravelston owner Conrad Black may not be pleased with his company’s decision to plead guilty to criminal fraud charges, representatives of several of Black’s former companies have cheered the plea bargain.

Executives employed by companies and publications once controlled by Black flooded a Toronto courtroom in support of Ravelston’s decision to plead guilty and assist federal prosecutors in their case against Black.

Since the company has been taken out of Black’s control and is operating under court-ordered receivership, before Ravelston’s plea agreement with U.S. federal...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.