PartyGaming poaches FM Global counsel for GC role

Online gambling company PartyGaming has named Andrew Fritchie as its general counsel following the resignation of David Abdoo in early June.

Fritchie joins the company in the midst of its ongoing dialogue with the US Department of Justice (DoJ) to explore options for a potential re-entry into the US following the enforcement of the Unlawful Internet Gambling Act, which was implemented in October last year.

It is also negotiating a possible financial settlement with the DoJ regarding its US operations before October 2006.

Fritchie, who joined PartyGaming on 1 August, left his role as international corporate counsel for US-based financial group FM Global just a day before.

Outgoing general counsel Abdoo, who had been PartyGaming’s general counsel since before its flotation, will be taking a career break.

Fritchie was head of legal and subsequently international managing director at UK financial services software house Marlborough Stirling until it was bought by Vertex Financial Services in May 2005. Prior to that he was a barrister doing criminal and then IP work.

He brings with him vast experience on regulatory matters and international strategy planning and led FM Global’s international strategy review for 2006-08.