Merrill Execs In Enron Deal Can Be Retried: 5th Circ.

Law360, New York (June 18, 2009, 12:00 AM EDT) -- A retrial of three former Merrill Lynch & Co. executives accused of fraud in connection with the Nigerian Barge scandal following Enron Corp.'s collapse would not breach the U.S. Constitution's double jeopardy clause, an appeals court has ruled.

In upholding a 2008 decision by the U.S. District Court for the Southern District of Texas to retry Daniel Bayly, James A. Brown and Robert S. Furst, the U.S. Court of Appeals for the Fifth Circuit said Tuesday an earlier ruling overturning the bankers' convictions was not intended...
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