My canadian business

From Canadian Business Online Blog, Dec 23, 2008

 By: John Gray

Way back in May prosecutors in the criminal fraud trial of Garth Drabinsky and Myron Gottlieb began laying out their case against the two founders of Livent. Nearly eight months later, the prosecutors say the evidence they have presented is “overwhelming” and argue that the two executives behind smash Broadway hits like Phantom of the Opera and Kiss of the Spider Woman should be convicted of two counts of fraud and one count of uttering forged documents – their publicly-filed financial statements.

Yesterday Edward Greenspan and David Roebuck, the lawyers representing Drabinsky answered the prosecution’s charges.  Neither Drabinsky nor Gottlieb testified or called any witnesses in their own defence so this 276 page summation represents the first time Drabinsky’s lawyers have laid out their own theory about what happened at Livent.

The following is a live-blogging experiment. I will post comments as I read the document.

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