Ex-SkyCapital CEO Makes Last-Ditch Bid To Duck Charges

Law360, New York (June 16, 2011, 8:09 PM EDT) -- Former Sky Capital LLC chief executive Ross H. Mandell asked a New York federal judge Wednesday to toss an indictment against him, alleging that his right to a speedy trial over a purported $140 million investment scheme fraud was denied.

“As the chronology shows, the trial was initially scheduled for Jan. 3, 2011, adjourned to March 7, 2011, and then for one week to March 14, 2011,” Mandell's counsel from Hoffman & Pollok LLP said in a memorandum.

“On Feb. 16, 2011, at the time of...
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