Wednesday, October 18, 2006

Update on Enron

From Tuesday's Findlaw's Breaking Legal Documents

Ex-Enron CEO's Conviction Tossed, Restitution To Lays' Crime Victims Denied

U.S. V. KENNETH L. LAY
October 17, 2006

A federal judge in Houston set aside the criminal conviction of deceased former Enron CEO Kenneth Lay, and denied requests to have Lay’s estate pay restitution to victims of his crimes, citing the fact that he died "before sentencing, before a final judgment could be entered, and before a notice of appeal could be filed."

http://news.lp.findlaw.com/hdocs/docs/enron/uslay101706opn.html

No comments: