Friday, January 25, 2008

Collateral Consequences?

HealthSouth was often in the news during the trials of former company CEO Richard Scrushy.  One trial ended with not-guilty verdicts, while the other found Scrushy guilty of charges of mail fraud, conspiracy, and bribery. (see here).  But whenever a CEO of a company like HealthSouth is facing charges, there are likely to be repercussions felt by many outside the sphere of the individual. It is therefore interesting to now see that HealthSouth is selling some Birmingham, Alabama property to a developer.  The Birmingham News speaks about this sale. (see here). Whether this is a collateral consequence of this investigation, however, is unknown.

(esp) (w/ a thank you to the person who called, and an apology for not being able to talk)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2008/01/collateral-cons.html

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