Conrad Black , set to be formally freed on bail, may be sent back to prison if he can’t convince an appeals court that a U.S. Supreme Court ruling requires that his fraud and other convictions be set aside.
Former Hollinger International Inc. Chairman Conrad Black , in jail since March 2008, is another step closer to being released from prison after an appeals court granted him bail in light of a U.S. Supreme Court ruling.
Conrad Black, the former Hollinger International Inc. chairman convicted in 2007 on fraud and obstruction charges, lost a bid to void that verdict on grounds he was blocked from hiring the defense lawyers he wanted.
A lawyer for Facebook Inc. said she was “unsure” whether company founder Mark Zuckerberg signed a contract that purportedly entitles a New York man to 84 percent of the world’s biggest social-networking service.
A federal judge denied the U.S. government’s request to delay an order that allows deepwater oil drilling to resume while the U.S. notified an appeals court it would challenge the decision lifting the six-month moratorium.
Conrad Black, the former Hollinger International Inc. chairman found guilty of fraud and obstruction of justice, said a “terribly corrupt” U.S. weakened by debt will eventually “renovate itself” and escape its temporary decline.