JURIST Supported by the University of Pittsburgh
PAPER CHASE NEWSBURSTDigest RSS feedFull RSS feed
Serious law. Primary sources. Global perspective.


Thursday, September 07, 2006

DOJ seeks to avoid clearing Ken Lay criminal record
Jaime Jansen at 10:07 AM ET

[JURIST] The US Justice Department [official website] filed a motion Wednesday requesting US District Judge Simeon T. Lake III defer a ruling on vacating the criminal record [JURIST report] of former Enron [JURIST news archive] CEO Kenneth Lay [Houston Chronicle profile; JURIST news archive] until former Enron executive Jeffrey Skilling [Houston Chronicle profile] is sentenced on October 23. Lay and Skilling were convicted of fraud and conspiracy charges [JURIST report] in May but Lay died of a heart attack [JURIST report] before his sentencing hearing. DOJ attorneys filed its motion to allow Congress time to consider a bill drafted by DOJ lawyers that would remove the "doctrine of abatement" from the criminal code, a vehicle that allows federal courts to throw out convictions of criminal defendants that die pending an appeal and generally hinders efforts to collect civil penalties from the families of deceased defendants. The DOJ wants Congress to pass the law in an effort to recover more than $40 million from Lay's estate.

Federal agents did not seize any of Lay's assets under a forfeiture order [motion text, PDF] that was filed days before Lay's death [Washington Post report], and if the court dismisses the conviction, the federal government will have no means of seizing property controlled by the Lay estate to compensate victims of the Enron collapse. Instead, victims will have to pursue civil remedies against Lay [JURIST report] in order to recover money lost when Enron declared bankruptcy in 2001. The New York Times has more.






Link |  | print | subscribe | RSS feeds | latest newscast | Facebook page

For more legal news check the Paper Chase Archive...


LATEST LEGAL NEWS

 US House votes for 20-week abortion ban
3:57 PM ET, June 19

 UK Supreme Court allows families of Iraq soldiers to sue government
2:28 PM ET, June 19

 AI: China mining companies contributing to Congo rights abuses
12:51 PM ET, June 19

 click for more...

Get JURIST legal news delivered daily to your e-mail!

LATEST FORUM

Is Egypt's Stance on the Blue Nile Dam Legally Justified?
DOMESTIC
Zeray Yihdego
University of Aberdeen School of Law

ABOUT

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.

CONTACT

Paper Chase welcomes comments, tips and URLs from readers. E-mail us at JURIST@jurist.org