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Ex-Adelphia VP Gets Slight Reprieve From 2nd Circ.

Law360, New York (February 26, 2009) -- The U.S. Court of Appeals for the Second Circuit has overturned part of the judgment imposed on a former vice president of Adelphia Communications Corp., ruling that the district court overstepped its bounds in forbidding the executive from associating with the family that allegedly engineered a massive fraud at the cable company.

On Tuesday, the Second Circuit affirmed the majority of the U.S. District Court for the Southern District of New York's ruling against Michael Mulcahey, choosing to vacate only a very...

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