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Legal News

: Legal Blog Watch

Collins Convicted, but Was He Guilty?

By Robert J. Ambrogi

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A Manhattan jury late Friday afternoon found Mayer Brown partner Joseph P. Collins guilty of conspiracy and four other charges in connection with a massive fraud at now-bankrupt Refco Inc., the New York Law Journal reports. Mr. Collins, who testified in his own defense that he was kept in the dark about more than $2.4 billion in debt hidden by top officials at the financial services firm, bowed his head and closed his eyes in pain as the jury foreman recited the guilty verdicts before Southern District Judge Robert P. Patterson. The verdict came during the seventh day of sometimes-heated...

Full post as published by Legal Blog Watch on July 13, 2009 (boomark / email).

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