JURIST legal news archive...

Enron ex-CEO's prison sentence reduced
June 23, 2013
Judge Simeon Lake of the US District Court for the Southern District of Texas on Friday reduced the prison sentence of former Enron CEO Jeffrey Skilling from more than 24 years in prison to 14 years. As a term of the deal reached between Skilling and the government, more than $40 million of Skilling....... [more]

Federal appeals court denies Illinois ex-governor's appeal for release
August 6, 2012
The US Court of Appeals for the Seventh Circuit on Monday upheld a lower court's denial of motion submitted by former Illinois governor George Ryan seeking his release from prison. Ryan argued that he was convicted under pre-Skilling v. United States jury instructions and thus he should be released....... [more]

Supreme Court denies new trial for Enron ex-CEO
April 16, 2012
The US Supreme Court declined review in the case of former Enron CEO Jeffrey Skilling on Monday. The court, without any comment, allowed to stand the decision of the US Court of Appeals for the Fifth Circuit, which ruled the errors were harmless and rejected Skilling's challenge to his conviction....... [more]

Sentencing of Enron executive ended 8-year investigation
March 28, 2012
On March 28, 2011, the US District Court for the Southern District of Texax sentenced former Enron Broadband Services executive, Rex Shelby, to two years of probation on charges of insider trading. His sentencing marked the end of an eight-year criminal investigation of Enron executives regarding al....... [more]

The Need to Reform Japanese Corporate Governance
November 15, 2011
JURIST Guest Columnist Bruce Aronson of Creighton University School of Law says that recent corporate scandals in Japan highlight the need for the reform of that country's corporate governance structure, just as the Enron case did in the US...It has been two tough years for Japanese corporate gover....... [more]

Federal appeals court upholds Merrill Lynch executive conviction in Enron affair
August 13, 2011
A federal appeals court on Friday upheld the conviction of ex-Merrill Lynch executive James Brown stemming from his role in the Enron fraud scandal. Brown was indicted on five counts in 2003 stemming from a 1999 transaction in which Merrill took a $28 million equity interest in a facility of barge....... [more]

Enron founder Kenneth Lay died before sentencing
July 4, 2011
On July 4, 2006, Enron founder Kenneth Lay died after suffering a massive heart attack in Aspen, Colorado. Lay, along with former Enron executive Jeffrey Skilling, had been convicted in May 2006 on charges of fraud and conspiracy. They had both provided investors with false and misleading financial....... [more]

JPMorgan agreed to settle Enron claim for $2.2 billion
June 14, 2011
On June 14, 2005, JPMorgan Chase agreed to pay $2.2 billion to settle with investors over claims that shareholders were misled about Enron Corporation revenue because JPMorgan hid the company's debt. The announcement followed Citigroup's decision to settle an Enron-related class action lawsuit for ....... [more]

Federal appeals court denies new trial for ex-Enron CEO
April 7, 2011
The US Court of Appeals for the Fifth Circuit ruled Wednesday that errors in the prosecution's case against former Enron CEO Jeffrey Skilling are harmless, denying Skilling a new trial. The court, however, went on to vacate the original sentence against Skilling and remand for resentencing due to lo....... [more]

Sentencing of final Enron executive ends 8-year proceedings
March 28, 2011
A federal judge sentenced former Enron Broadband Services executive Rex Shelby to two years probation Monday on charges of insider trading. The sentencing marks the end of an eight-year long criminal prosecution of Enron executives linked to investment fraud that caused the fall of Enron Broadband u....... [more]

DOJ ends efforts to retry Merrill Lynch executive in Enron scam
September 16, 2010
The US Department of Justice (DOJ) on Wednesday asked a federal judge to drop fraud and conspiracy charges against a former Merrill Lynch executive accused of taking part in the Enron Nigerian barge scam. James Brown was convicted, along with three other former Merrill Lynch executives in 2004, in....... [more]


    Enron Spotlight [SEC]

    Enron Collapse Bibliography [LLRX]

    Enron Tapes

    Enron Trial [Houston Chronicle]

    Enron Trial Exhibits [US DOJ]

    Kenneth Lay Website

    Enron [Wikipedia]