Law360, New York (October 23, 2006, 12:00 AM ET) -- In a blow to federal prosecutors, an appeals court has refused to reverse its decision to toss the convictions of four Merrill Lynch & Co. executives implicated in the Enron Corp.-related Nigerian barge case.
The U.S. Court of Appeals for the Fifth Circuit denied a government request for a rehearing en banc of the case, upholding the August decision by a three-judge panel that overturned the executives’ convictions.
The court had overturned the wire fraud and conspiracy convictions of Daniel Bayly, head of Merrill’s Global Investment...
Fifth Circuit Denies Rehearing In Nigerian Barge Case
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