Metal Tech Execs Deny Paying Bribes To Win Steel Contracts

Law360, London (May 15, 2019, 7:20 PM BST) -- Three former Sarclad Ltd. executives accused of paying bribes to secure contracts with steel industry clients have maintained that commissions the metals technology provider paid on the contracts are being mischaracterized, a prosecutor for Britain's Serious Fraud Office told a jury Wednesday.

Sean Larkin of QEB Hollis Whiteman, representing the SFO, summed up the defense in a few sentences during the third day of the Southwark Crown Court trial, as the three defendants did not present an opening trial argument.

The defense will say that documents obtained by the prosecution have been misread, Larkin said, and "that any commission asked for...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!