Ex-Dorsey partner joins Mishcon after insider dealing acquittal

Rimmington and Appleby partner Gray Smith have both joined Mishcon’s London corporate department.

Smith is an investment funds lawyer qualified in five jurisdictions and specialising in non-contentious work, while Rimmington, who has spent the past two years as a consultant to Affinia Group, specialises in M&A, private equity and multi-jurisdiction equity and debt offerings.

Rimmington and former McDermott Will & Emery partner Michael McFall were acquitted on charges of insider dealing in June 2010. The pair were accused of being passed information on Novartis’s £305m takeover of Neutec by the latter’s finance director Peter King, who was also acquitted.

According to Mishcon head of corporate Nick Davis, Smith and Rimmington have joined a buoyant practice.

“Between May 2010 and April 2011 our practice experienced a 21 per cent increase in turnover on the previous year,” said Davis.