Saturday, October 20, 2007

Petition for Cert Filed in Rigas Cases

A petition for certiorari (available below) was filed on behalf of Timothy and John Rigas, former CFO and CEO of Adelphia. The elder Rigas, now 82 years old, is serving a 15-year sentence, and Timothy is serving 20 years.  A couple of fascinating questions are raised for the Supreme Court to consider. One issue relates to GAAP [Generally Accepted Accounting Principles], and whether it is possible that the level of proof could be lower in a criminal case, with liberty interests at stake, than in a civil case?  Should the government be required to present certain evidence to meet its burden of proof on the GAAP issue? These are some of the questions under review.


Download cert_petition_101007.pdf

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