Andersen jury begins deliberation
A federal jury in Houston began deliberations on Arthur Andersen LLP facing obstruction of justice charges for shredding Enron material. If convicted, Andersen faces fines and loss of auditing rights. prosecutors allege four partners orchestrated document destruction. The firm has shed assets, laid off workers, and lost clients amid Enron bankruptcy revelations.
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Houston
Arthur Andersen LLP
Enron
Andersen
Justice Department
Rusty Hardin
Anderson Partners
Four more leave board of Enron
The four remaining Enron directors who oversaw its rise and collapse quit the energy trader. The resignations were accepted unanimously, and Raymond Troubh was named interim chairman. Troubh joined the board last November and helped with an internal probe into Enron’s collapse. The probe blamed partnerships run by former CFO Andrew Fastow for disguising financial problems. The resignations followed the exit of Frank Savage and John Mendelsohn a week earlier.
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Enron Corp
Robert A. Belfer
Norman P. Blake
Wendy L. Gramm
Herbert S. Winokur Jr
Enron
Raymond Troubl
Blake
Troubh
Winokur
William C. Powers Jr
University of Texas School of Law
Andrew Fastow
Frank Savage
John Mendelsohn
One Boston Judge to Hear All Archdiocese Civil Abuse Cases
Civil cases against the Boston Archdiocese alleging priest abuse are assigned to a single judge, Superior Court Judge Constance Sweeney. The move, praised by lawyers, aims for consistent rulings across hundreds of plaintiffs. Sweeney already oversees 86 suits against defrocked priest John Geoghan, who is serving a 9 to 10 year term for molestation.
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Boston
Jeffrey Newman
Superior Court
Constance Sweeney
John Geoghan
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