Friday, February 1, 2008
Former media mogul Conrad Black cannot remain out on bail while his appeal goes forward, Judge Amy St. Eve has ruled. The judge said that while she agrees that Lord Black doesn't pose a flight risk, his appeal does not raise any new issues of law or fact that would result in success on appeal. She also told Lord Black to make a substantial repayment in accordance with the verdict, but it will come out of the proceeds seized in 2005. Read more in a Globe and Mail article here.