Lawyers for convicted Enron founder Kenneth Lay's estate filed court papers Wednesday formally asking a judge to erase Lay's convictions and dismiss the indictment against him because he died before he had appealed. But an addition to the filing shows that prosecutors aren't willing to rubber-stamp the request. Clearing Lay's record would thwart the government's bid to seek $43.5 million that prosecutors allege he pocketed by participating in Enron's fraud.
August 17, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Federal prosecutors don’t intend to let the late convicted Enron founder Kenneth Lay’s record be wiped clean without a fight.
Lawyers for Lay’s estate filed court papers Wednesday formally asking a judge to erase Lay’s convictions and dismiss the indictment against him because he died before he had appealed. Lay was convicted of 10 counts of fraud, conspiracy and lying to banks in two separate cases on May 25, and died of heart disease July 5.
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