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...York lawyer representing former workers and retirees at Enron, Lowell Peterson, said the estate would probably be responsible for restitution and damages in civil actions, but added that not everyone might continue to press their claims. "Time will tell if those former employees and retirees harmed by the actions of Enron executives will pursue damages," he said in a statement. "The thousands of former Enron employees I represented with the AFL-CIO felt terribly betrayed - not only that they had lost their jobs and benefits, but that the company and executives they believed in had turned out to be dishonest...

Author: /time Magazine | Title: Lay's Conviction Is Gone With Him | 7/5/2006 | See Source »

...entire tragedy almost takes on Shakespearean dimensions," says David Berg, a Houston attorney who authored The Trial Lawyer: What it Takes to Win. "His fall from power was so great that it just destroyed him. In some ways, you would think that Ken Lay would rather have died than spent a moment in prison." Lay, who was awaiting sentencing in the fall, faced imprisonment for possibly the rest of his life. "On some subconscious level, it's a polite form of suicide. He was not going to let himself be imprisoned...

Author: /time Magazine | Title: Lay's Conviction Is Gone With Him | 7/5/2006 | See Source »

...turned out to be a front company for Rosneft. Those confiscated Yukos assets now constitute about 70% of Rosneft's oil production and reserves. The company's initial public offering (ipo) prospectus lists more than $47 billion in outstanding legal claims relating to the Yukos affair, and Khodorkovsky's lawyer, Robert Amsterdam, decries Rosneft as "the handmaiden of expropriation." Security Even some investors who are bullish on Russia are concerned. "The Russian legal system is not a credible one, and that has a visible impact on the safety of investments in the country," says Karina Litvack, the head of corporate...

Author: /time Magazine | Title: Crude Power | 7/2/2006 | See Source »

...White House finds itself in its current Guantánamo predicament because it didn't play well with the other branches of government--or even play with them at all. Republican Senator Lindsey Graham of South Carolina, a military lawyer (JAG), says he tried as recently as 18 months ago to interest the Administration in an amendment that would give tribunals congressional authorization. "I could not get agreement with the White House," Graham says. "They believed it wasn't necessary...

Author: /time Magazine | Title: How to Fix Guantanamo | 7/2/2006 | See Source »

...Shehri's medical records, however, document the use of the larger tubes, which experts say have no medical purpose in this context. Al-Shehri's lawyer has also filed court documents citing lesions and bleeding caused when guards held him by the chin and hair, strapped down, as a medical staffer"forcefully inserted the tube in his nose and down his throat" The lawyer also charges that al-Sherhri was subject to verbal and religious abuse during force-feeding, asserting that the tubes"were viewed by the detainees as objects of torture." The records also show that instead of leaving...

Author: /time Magazine | Title: At Guantanamo, Dying Is Not Permitted | 6/30/2006 | See Source »

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