Ralph Cioffi and Matthew Tannin weren’t the only ones grinning when they left court Tuesday. The Litigation Daily noticed that Frederic Bourke Jr. managed to crack a smile, too, after his sentencing in Manhattan federal court. Although federal district court Judge Shira Scheindlin sentenced the Connecticut entrepreneur and co-founder of Dooney & Bourke to a year and a day of prison time for his role in a scheme to bribe government officials in Azerbaijan, she granted his request for bail pending appeal.
The government had asked that Bourke receive the maximum penalty of 10 years, but Scheindlin ruled that she was able to depart from sentencing guidelines. She did, however, levy a fine of $1 million against Bourke, which she said could be paid after he serves his sentence.
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