A US magistrate in Houston agreed Tuesday to delay the trial of three former British bankers facing fraud charges related to the Enron scandal so that two of the defendants can hire American lawyers. A trial...
Search Results for: Andrew Fastow
UK Enron bankers seek delay in US trial to allow search for new lawyers
Two British men who face fraud charges in the US related to the Enron scandal are searching for new lawyers, according to papers filed Monday by counsel for a third British man also facing trial. The...
Federal judge approves $6.6B Enron shareholder settlement with major banks
A federal judge on Wednesday gave final approval to a $6.6 billion settlement between former Enron shareholders and the three banks accused of helping Enron hide financial shortcomings to deceive investors. Lead plaintiff's attorney...
Jury deliberations in the trial of former Enron executives Ken Lay and Jeffrey Skilling began Wednesday after government prosecutors and defense lawyers finished closing arguments. Lay and Skilling have been charged ...
JURIST Guest Columnist Douglas Branson of the University of Pittsburgh School of Law says that defense lawyers in recent corporate fraud cases are not seeking to introduce reasonable doubts that might lead a jury to acquit their clients, but in...
Defense lawyers in the Enron fraud trial Monday finished their cross-examination of former Chief Financial Officer and lead government witness Andrew Fastow , bringing to a conclusion his four-day stint on the...
Ex-Enron CFO: Lay, Skilling knew about fraudulent partnerships
Former Enron Chief Financial Officer Andrew Fastow took the stand for the prosecution against his former bosses Enron founder Kenneth Lay and former CEO Jeff Skilling Tuesday....
JURIST Guest Columnist Nora Demleitner, former law clerk to Judge Samuel Alito and currently professor of law at Hofstra University School of Law, says that comments by senators on the first day of Judge Samuel Alito's Supreme Court confirmation hearings...
Ex-Enron chief accounting officer to testify against executives under plea agreement
Former Enron Chief Accounting Officer Richard Causey has reached a deal with prosecutors and is expected to plead guilty Wednesday to one or more criminal charges and a reduced prison sentence in exchange for his...
Former Enron chairman Kenneth Lay said Tuesday that the company's former CEO Andrew Fastow was to blame for the accounting fraud that led to the company's downfall and that his trust in Fastow was "fatally...