3rd Circ. Chucks Ex-Mayor's Honest Services Conviction

Law360, New York (September 16, 2010, 4:44 PM EDT) -- A federal appeals court Thursday overturned part of former Newark Mayor Sharpe James' corruption conviction, largely basing its decision on the U.S. Supreme Court's ruling in the case of Enron Corp. CEO Jeffrey Skilling.

The Third Circuit Court of Appeals tossed James' conviction of honest services fraud but affirmed the remaining four counts against him, a judgment that means little to the former New Jersey mayor in a practical sense since he has already served his prison sentence.

But the reversal marks the latest in an...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.