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Corporate Governance

: The Race to the Bottom

United States v. Joseph Nacchio: Judge Krieger Accepts Nacchio?s Waiver of Appearance for June Hearings

By Charles Nichols

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In a hearing before Judge Krieger on May 4, 2010, which Mr. Nacchio personally attended, the court found Mr. Nacchio to be 'fully competent' to waive his right to appear at his resentencing hearings in June. Judge Krieger required the May 4th hearing in response to Mr. Nacchio's request to waive his appearance at his resentencing hearings. Judge Krieger found it necessary to inform Mr. Nacchio of his right to be present at the hearings in person, and verify that his waiver was both knowing and voluntary. Mr. Nacchio's appearance on May 4, 2010 satisfied the court that his waiver was both knowing and voluntary.

We will continue to post on further developments in this matter.

Full post as published by The Race to the Bottom on May 06, 2010 (boomark / email).

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