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Justices Will Hear Appeal of Former Enron Chief

The Supreme Court will consider throwing out the convictions of the former Enron chief executive Jeffrey K. Skilling for his role in the collapse of the one-time energy giant.

The court said Tuesday that it would hear Mr. Skilling’s appeal of lower court rulings that upheld all 19 of his 2006 convictions of conspiracy, securities fraud, insider trading and lying to auditors involving the 2001 collapse of Enron.

Mr. Skilling, serving a 24-year prison term, is asking the court to consider whether the federal “honest services” fraud statute was applied correctly. The justices already have two other cases on their schedule dealing with the honest services law, a favorite tool of federal prosecutors in white-collar crime and public corruption cases.

The law has been criticized as vague and unfair because the government need not prove, in some instances, that a defendant personally benefited from the alleged fraud.
Read entire article at NYT