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Former Enron CEO Ken Lay maintained throughout his fraud and conspiracy trial that he was an innocent man - a man who never should have been charged, never should have been indicted, and certainly never should have been convicted. After his death from a heart attack early Wednesday, it's almost as if he wasn't. Legally, his case died with...
...Lay had a constitutional right to participate in his criminal appeal. And since he's no longer alive to help his attorneys prepare, the case will be "extinguished" - as if it never happened, explains Houston attorney Joel Androphy, author of the textbook White Collar Crime. "It's as if he was never charged and convicted," says Androphy. "This is the law. There may have been a moral victory for the government, but there's no longer a legal victory...
...Lay's death won't stop the civil suits filed against him, however. In a civil case, a person can die and the case can go on; for example, if someone is killed in a nursing home, the family can sue. But Androphy says there will now be some restrictions limiting punitive damages. It's unclear if Lay's estate will be responsible for his criminal fines. Last week, prosecutors asked for $43.5 million...
There are a lot of ways to study a painting, and one of the best is to get to know the painter. The splash or splatter of color makes a lot more sense when you understand the rage or whimsy or heart behind it. The songwriter, similarly, can lay bare the song, the poet the poem, the builder the building...
Full-blown childhood crises may forge even stronger lifelong links. The death of a parent blows some families to bits. But when older sibs step in to help raise younger ones, the dual role of contemporary and caretaker can lay the foundation for an indestructible closeness later on. Wayne Duvall, 48, a television and film actor in New York City and the youngest of three brothers, was just 13 when his father died. His older brothers, who had let him get away with all manner of mischief when both parents were in residence, intuitively knew that the family no longer...