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Old 07-06-2006, 01:09 PM   #11 (permalink)
ASU2003
immoral minority
 
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Location: Back in Ohio
Quote:
Originally Posted by Elphaba
From what I have read, his assets will be seized for restitution rather than going to his heirs.
I wouldn't be so sure. That is the way it should happen, and maybe there will be civil lawsuits against his estate.


Quote:
According to the Wall Street Journal Law Blog http://blogs.wsj.com/law/2006/07/05/...he-enron-case/, Lay's death might cause his conviction to be expunged.

Question: What happens to Lay's conviction?

Answer: Lay's conviction might be expunged, says criminal law professor Peter Henning in a fascinating post on the White Collar CrimeProf blog. Citing Fifth Circuit law (the federal jurisdiction encompassing Houston), Henning says that when a defendant dies before appellate review of a conviction, the death "abates, ab initio, the entire criminal proceeding." In a recent Fifth Circuit decision, United States v. Estate of Parsons, the court explained that "the appeal does not just disappear, and the case is not merely dismissed. Instead, everything associated with the case is extinguished, leaving the defendant as if he had never been indicted or convicted." The Fifth Circuit explained the rationale for the rule: "The finality principle reasons that the state should not label one as guilty until he has exhausted his opportunity to appeal. The punishment principle asserts that the state should not punish a dead person or his estate."
And that's a topic for the paranoia thread. Did he pay off the coroner and some police and fake his death.

If I wanted the media to go away and escape to a foreign country/island to live out the rest of my life in peace. This is the way to go. You would have to know how to travel without a passport and assume a different identity though.

Last edited by ASU2003; 07-06-2006 at 01:14 PM.. Reason: Automerged Doublepost
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