Judge denies bail for ex-Tyco execs during appeal News
Judge denies bail for ex-Tyco execs during appeal

[JURIST] New York state appeals judge Angela Mazzarelli [official profile] Monday denied a bail request by two former Tyco International [JURIST news archive] executives, a decision that will keep the men in jail during their appeal process. Former Tyco CEO Dennis Kozlowski and CFO Kark Schwartz were convicted of grand larceny last month [JURIST report] and sentenced to 8-1/3 to 25 years in prison [JURIST report] for their roles in a scheme to steal hundreds of millions of dollars from the corporation. A New York State Department of Corrections official told reporters that Kozlowski and Swartz will soon be transferred from their current location, a medium security facility, to a maximum security facility, such as Attica or Sing Sing. Reuters has more.

THIS DAY @ LAW

Egypt President Anwar Sadat visits Israel

On November 19, 1977, Egyptian President Anwar Sadat visited Israel, becoming the first leader of an Arab nation to officially visit. Two years later, President Sadat became the first Arab leader to recognize Israel by signing the Egyptian-Israeli Peace Treaty. Read President Sadat's address to the Israeli Knesset.

Jay Treaty signed

On November 19, 1794, US Chief Justice John Jay and British foreign secretary Lord Grenville signed a treaty in Philadelphia under which British forces pulled out of the disputed Northwest Territory. Review the Jay Treaty.