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Former Enron CEO reporting to prison
Court Watch |
2006/12/13
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Former Enron CEO Jeffrey Skilling is expected to report to a minimum security federal prison in Waseca, Minnesota to begin a 24-year sentence for fraud, conspiracy and insider trading after a three-judge panel of the US Fifth Circuit Court of Appeals ruled late Tuesday against his application for bail pending appeal of his sentence. Skilling had earlier been allowed to postpone his prison date while the bail application was considered. Judge Patrick Higginbotham wrote for the court: Our review has disclosed serious frailties in Skilling's conviction..., difficulties brought by a decision of this court handed down after the jury's verdict, as well as less formidable questions regarding the giving of jury instruction on deliberate ignorance. Yet Skilling raises no substantial question that is likely to result in the reversal of his convictions on all the charged counts. We are not then persuaded that any resulting sentence will likely exceed the expected duration of his appeal. |
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet. |
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