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FSA to Release Plumber Documents
Regulator is to release papers showing why it prosecuted Paul Davidson for market abuse in placing spread bet on IPO of his own company, aim to prove to FSMT costs hearing that it acted reasonably 12.07.06 Telegraph, Capital Markets, Costs
Plumber Hopes for Big FSA Payout
FSMT begins direction hearing ahead of costs case relating to failed FSA action against Paul Davidson, known as the Plumber, could lead to civil claims for as much as £100m 11.07.06 Telegraph, Capital Markets
Plumber Patent
Swivelling radiator connection that made Paul Davidson his millions has lost its UK patent, 'no inventive step', successor firm Advanced Fluid Technologies ordered to pay costs of patent agents Marks & Clerk 07.07.05 Telegraph, Intellectual Property, Patents
Plumber News
Paul 'The Plumber' Davidson has been refused legal aid to fight £750k FSA fine at Financial Services and Markets Tribunal, hearings start today 16.05.05 Guardian, Capital Markets
Plumber Bust
Paul Davidson, known as the plumber, investigated for use of spread betting to influence IPO, bankrupt with debts of £20m, Norton Rose owed £800k 06.01.05 Guardian, Capital Markets
Firms Sue Plumber
Wacks Caller and Norton Rose are both suing Paul Davidson, entrepreneur known as the Plumber, for unpaid fees 25.10.04 Daily mail
Plumber Arrested
City wheeler-dealer Paul Davidson has handed himself in to City Police, wanted for contempt related to Oystertec freeze order on his assets Oystertec says case nearing conclusion 19.10.04 Telegraph, Guardian
Market Abuse
Appeal of Paul Davidson, the Plumber, over £750k fine, postponed indefinitely following surprise application by Davidson for legal aid 22.09.04 Daily Mail
Plumber Tribunal
Paul Davidson, 'the Plumber', will ask second FSM Tribunal to recuse themselves, chair Nuala Brice chosen by chair of original panel, Stephen Oliver, case to hear use of spread bet in boosting float of Cyprotex 06.07.04 Telegraph, Capital Markets, Financial Services
FSMA Panel Collapse
Three remaining members of panel hearing case against Paul Davidson, the 'Plumber', resign on fear of 'unconscious bias', Terence Mowschenson QC discussed case with neighbour, FSA official responsible for imposing Davidson's fine 29.06.04 Telegraph, Capital Markets