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Judge Ends Seven-Year Civil Contempt Incarceration

Law360, New York (April 27, 2007, 12:00 AM EDT) -- A judge on Friday dissolved the civil contempt that has kept former financier Martin A. Armstrong incarcerated for the past seven years, ruling that Armstrong’s continued confinement had no prospect of compelling compliance with the court order that sent him to jail in January 2000.

U.S. District Judge P. Kevin Castel said that the finding of contempt against the erstwhile chairman of Princeton Economics International Ltd. would remain in effect, but that Armstrong’s incarceration for refusing or being unable to turn over about $14 million in...
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