Tag: Enron
Posted on Wed Apr 02, 2008 at 10:55:00 AM EST
Tags: Enron, Jeffrey Skilling (all tags)
Update: Here' s a preliminary news report on the hearing.
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Original Post
Former Enron CFO Jeff Skilling, serving a 24 year sentence in federal prison, has his day in the 5th Circuit Court of Appeals.
By all accounts, he has a very good chance of getting a reversal on most of the counts he was convicted on. [More...]
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Posted on Fri Sep 07, 2007 at 08:02:59 PM EST
Tags: Enron (all tags)
Thanks to the WSJ for putting the 237 page appeal brief (pdf) filed by Enron's former President and CEO Jeffrey Skilling online.
I'm just starting to read it, but the section on why oral argument is requested gives you a good sense of its flavor. After pointing out that contrary to the public's perception, Skilling was not convicted of causing Enron's collapse, it states:
Profound, inherent weaknesses in the government’s case—not just gaps in its evidentiary proof, but doubts about its basic theories of criminality—motivated the government to resort to novel and incorrect legal theories, demand truncated and unfair trial procedures, and use coercive and abusive tactics.
No word yet from the Court as to whether it will accept such a long brief. Appeals courts have strict limits on the length of briefs. I remember when the 10th Circuit Court of Appeals fined Timothy McVeigh's court-appointed appeals counsel for filing an overly long (226 page)brief. I thought it was very unfair.
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Posted on Tue Dec 12, 2006 at 09:39:15 PM EST
Tags: Jeffrey Skilling, Enron (all tags)
Go directly to jail, do not pass Go, and forget about collecting $200. The 5th Circuit Court of Appeals took one day after yesterday's stay order to deliver that message to Enron's Jeffrey Skilling today.
Judge Patrick Higginbotham of the 5th U.S. Circuit Court of Appeals wrote in his two-page order that "Skilling raises no substantial question that is likely to result in the reversal of his convictions on all of the charged counts."
As a result, Higginbotham denied Skilling's request for bail pending his appeal and vacated an earlier order staying his prison report date.
Skilling must now report to the low security level federal prison at Waseca, MN to begin serving his 24 year sentence. Ouch. But the Judge gave Skilling a glimmer of hope for his appeal:
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Posted on Tue Dec 12, 2006 at 01:49:00 AM EST
Tags: Jeffrey Skilling, Enron (all tags)
Enron's Jeff Skilling caught a last minute break from the 5th Circuit Court of Appeals Monday. He won't have to report to his designated prison at Waseca, MN today.
Skilling has a motion for bail pending appeal under consideration and the Court ruled he can stay out until it is decided.
Skilling has been sentenced to 24 years.
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