Friday, December 2, 2005

Lord Black Pleads Not Guilty

Lord Conrad Black entered a not guilty plea, as expected, at his arraignment in U.S. District Court in Chicago on charges for defrauding Hollinger, Inc., when he was CEO and its controlling shareholder.  Black posted a $20 million bond secured by his Florida home, and will be permitted to travel to his home in Toronto.  Two of the other individual defendants, Mark Kipnis and Peter Atkinson, also entered not guilty pleas, while Jack Boultbee, former CFO of Hollinger, did not appear.  Boultbee is a Canadian citizen, and his failure to appear may result in extradition proceedings unless he makes arrangements with federal authorities to appear at a later date.  An AP story (here) discusses the arraignment. (ph)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2005/12/lord_black_plea.html

Fraud, Prosecutions | Permalink

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