Court grants bail to jailed ex-media mogul Black
Headline Legal News
Conrad Black, the brash former newspaper magnate who lived extravagantly before his 2007 federal conviction for defrauding shareholders, may soon be released from a Florida prison after a federal appeals court granted him bail Monday.
The ruling from the 7th Circuit U.S. Court of Appeals came weeks after the U.S. Supreme Court kicked Black's fraud conviction back to a lower court.
Black, who renounced his Canadian citizenship to become a member of the British House of Lords, was convicted along with three other former executives from the media empire Hollinger International of swindling the company's shareholders out of $6.1 million. He was acquitted of nine other charges.
It was not immediately clear when Black, 65, would be released from the low-security prison in Coleman, Fla., where he has served more than two years of a 6 1/2-year sentence. The conditions of his release will be determined by U.S. District Court judge in Chicago, according to an order from the three-judge panel.
Last month, the Supreme Court weakened the "honest services" law that was central to Black's fraud conviction. The justices left it up to a lower court to decide whether the conviction should be overturned. That decision has not yet been made.
Related listings
-
Self Representation Hurting Individual Cases, Courts, Say Judges
Headline Legal News 07/12/2010In a survey released today by the American Bar Association, judges indicated that a lack of representation in civil matters is hurting those individuals’ cases, and is negatively impacting courtrooms. Approximately 1,000 state trial judges responded ...
-
Ore. trial court to reconsider $100M tobacco case
Headline Legal News 06/28/2010The Oregon Supreme Court has ruled that Philip Morris does not have to pay $100 million in punitive damages to the family of a smoker who sued the tobacco giant over its low-tar cigarettes.The case, however, is going to another jury to decide just ho...
-
Major Class Action Settlement Hung Up Over Legal Fees
Headline Legal News 06/21/2010Congressional approval of one of the largest class action settlements in U.S. history is getting hung up on the issue of legal fees for plaintiffs lawyers. The $3.4 billion Indian trusts settlement agreed to in December could be scuttled if Congress ...
Any contracts or any transactions can go awry at any time
We know your business means a lot to you and want to understand all the aspects of your business so that we can help you in the best ways possible. We don’t discriminate depending on the size of your company. Our mission statement is to represent all business owners and entrepreneurs by navigating them through the rough waters of business litigation and guiding them to success.
We are attorneys who want to make sure we understand your business objectives and goals before we start providing you with legal counsel individualized to your business. We know what it means to be dedicated to your business. After all, we are a business as well. And just like you, we want to provide the best service we can to our clients.
Any contracts or any transactions can go awry at any time. Sometimes, making important business decisions without legal help from business attorneys could cost you your business.We don’t want you or your business to be misconstrued by anyone. Our attorneys make sure that we communicate with you often to make sure we are giving you the legal guidance you need at all times. We make sure we are responsive in a timely-manner with every single one of our clients to help them identify risks and prevent legal battles before they arise.