Judge Delays Former Bayou Exec's Sentencing

Law360, New York (November 15, 2007, 12:00 AM EST) -- A former executive of collapsed hedge fund group Bayou Management LLC can breathe easy for at least one more week, after a federal judge agreed to push back the sentencing in a case in which he pleaded guilty to participating in a conspiracy to defraud investors.

Judge Colleen McMahon of the U.S. District Court for the Southern District of New York said she would wait at least a week to sentence former executive James Marquez, after his attorneys questioned government prosecutors' perception of Marquez's role at...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.