< Trials and tribulations at UTMB | Main | A better ranking than the BCS? >
October 17, 2006
Judge Lake dismisses the indictment against Ken Lay
US District Judge Sim Lake has overruled the Enron Task Force's dubious opposition and dismissed the indictment against the late Enron chairman, Kenneth Lay. Judge Lake's memorandum opinion is here, and his conclusion pretty well says it all:
Since the Fifth Circuit Court of Appeals has adopted the abatement rule, and since . . . the United States . . . has raised any legal basis for denying the rule’s application in this case, the court concludes that Lay’s conviction must be vacated and that this action against him must be dismissed. Accordingly, the Motion of the Estate of Kenneth L. Lay to Vacate His Conviction and Dismiss the Indictment (Docket Entry No. 1082) is GRANTED, . . . The indictment against Kenneth L. Lay is DISMISSED.
As noted earlier here, here and here, I don't believe Ken Lay was guilty of anything other than making some bad business decisions (among many good ones, too). Dismissing the charges against his legacy is not only the right thing to do legally, but also morally.
Posted by Tom at October 17, 2006 03:07 PM
Trackback Pings
TrackBack URL for this entry:
http://mtcgi.kir.com/mt-trackbk.cgi/3506
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)