Word: mistrial
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Dates: during 1980-1989
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...Feds convict anybody in a court trial? In attempting to try an important case stemming from the Ivan Boesky stock-fraud scandal, the Government is striking out. Last week the criminal stock-manipulation case against GAF and its vice chairman, James Sherman, ended in a second mistrial. After six weeks of testimony and more than 90 hours of deliberations, Federal Judge Mary Johnson Lowe decided the jury was hopelessly deadlocked...
Beebe used his financial institutions to bankroll everything from polo fields to time-share condos and mini-warehouses. Though a 1987 federal case against Beebe ended in a mistrial, the Government has contended that he was one of his own biggest customers, using the network of banks and thrifts to finance ventures in which he held hidden interests. "He saw the thrifts as one big gold mine, an endless pit of money," says Joseph Cage, a U.S. Attorney in Louisiana who prosecuted Beebe. Rather than exert his ownership outright, Beebe often held control behind the scenes. One of his tactics...
...Beebe allegedly profited. Beebe was sentenced to perform community service, while some of his associates were acquitted. Two years later, the Government accused him of fraud for making loans to a quarter-horse breeder with whom Beebe allegedly held an interest in a tax-shelter scheme. After the 1987 mistrial, Beebe pleaded guilty last year to the two fraud counts...
...with jail because she insisted on referring to herself as Ms. Wolvovitz rather than Mrs. Lobel, after her husband. Protesting in her behalf, Wolvovitz's co-counsel Jon Pushinsky found himself held in contempt and handed a 30-day suspended sentence for "officious intermeddling." When Wolvovitz asked for a mistrial last week, Teitelbaum said, "What if I call you sweetie...
...trial controversy drew national attention, the judge apologized, vacating Pushinsky's sentence and explaining to Wolvovitz, "This is the way my generation was taught." The two lawyers may regret passing up the judge's belated offer to declare a mistrial. When the jury returned its verdict, they lost their case...