Thursday, June 24, 2010

News Alert: Siding With Skilling, Justices Limit Law on 'Honest Services'

Breaking News Alert
The New York Times
Thu, June 24, 2010 -- 10:39 AM ET
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Siding With Skilling, Justices Limit Law on 'Honest Services'

The Supreme Court has sided with Jeffrey Skilling, the former
Enron chief executive, in limiting the use of a federal fraud
law that has been a favorite of white-collar crime
prosecutors.

The court said Thursday that the "honest services" law could
not be used in convicting Mr. Skilling for his role in the
collapse of Enron. But Justice Ruth Bader Ginsburg said in
her majority opinion that the ruling does not necessarily
require Mr. Skilling's conviction to be overturned.

The court in this ruling also sided with the former newspaper
magnate Conrad Black, setting aside a federal appeals court
decision that had upheld Mr. Black's honest services fraud
conviction. But as in Mr. Skilling's case, the justices left
the ultimate resolution of the case to the appeals court.

Read More:
http://www.nytimes.com?emc=na

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