UPDATE

A judge has thrown out the case of former managing director of Future Network Systems (FNS).

Stuart Mann, faced charges of alleged conspiracy and fraudulent trading at Southwark Crown Court earlier this week, after his company went into administration in 2003 with debts believed to be in the region of £3m to £4m.

His co-defendant Denise Davie also faced the same charges.

However the court confirmed that the fraudulent trading charge has now been dropped against both defendents.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The trial of Stuart Mann, the former managing director of defunct reseller Future Network Systems Sales (FNS), got underway last week at Southwark Crown Court. The hearing is expected to last another three to four weeks.

Mann, along with co-defendant Denise Davie, faces charges of alleged conspiracy and fraudulent trading. FNS went into administration in 2003 with debts believed to be in the region of £3m to £4m. HP, along with distributors Bell Micro, Computer 2000 and Ingram Micro, were among its creditors.

A representative for Southwark Crown Court, revealed that last week mainly consisted of the presentation of legal agreements from either side with the “nuts and bolts of the trial” expected to commence this week.

Further Reading:

Trial date set for Stuart Mann