According to CNBC, there might finally be justice for Jeff Skilling: Former Enron CEO Jeffrey Skilling, who is serving a 24-year prison term for his role in the energy giant’s epic collapse, could get out of prison early under an agreement being discussed by his attorneys and the Justice Department, CNBC has learned. Skilling, who…
Category Archives: Business cases
Should Penn State face institutional liability in l’affaire Sandusky?
Interesting question. While my knee-jerk reaction was to side with those who are arguing for shutting the university down, burning it to the ground, and then salting the earth, the estimable Professor Bainbridge takes a different view in an interesting post today, to wit: There is an argument for imposing civil liability on corporations and…
Chevron, Fraud and Void Judgments
There was an interesting article last week in the Wall Street Journal concerning recent developments in the Checvron Ecuador litigation, and substantial changes to the plaintiffs’ litigation strategy that new counsel Patton Boggs has been implementing in the wake of revelations of possible fraudulent conduct by another lawyer involved with representing the plaintiffs. I don’t…
Free Jeff Skilling
The United States Supreme Court took a substantial step toward doing just that yesterday when it vacated Skilling’s conviction under the federal “honest services” wire fraud statute, and remanded the case to the 5th Circuit Court of Appeals to determine whether Skilling’s conviction on other charges against him was so tainted by the government’s reliance…