Also in this playlist...
This transcript is automatically generated
But an appeals court today upheld former Enron CEO Jeffrey Skilling conviction but he could face less prison time thanks to the judge's re sentencing order we welcome -- Strickland this is a member of the prosecution.
That convicted Jeff Skilling and a partner with Holland and Hart law firm good to see you thank you for being here counselor do tell us.
What are the chances that his sentence might be reduced.
Well I think that that court appeals decision that basically guarantees that.
Skilling to 24 NN and four months that's -- we -- four months and -- will be reduced somewhat.
And the question is how much.
Is this a win or a loss for mr.
We know really it's it's a loss I think a lot of it's actually a big win for the government a lot of of -- little -- this guy could spend a lot less time in jail.
He's still gonna spend more you know I knew I knew look at the setting guidelines and the what the court will use he's still innocent spend more than fifteen years in jail and may be up to as many as nineteen years -- president.
And for -- white collar crime case that's that's a pretty happy.
A hefty sentence on the fact of the matter is the court that reviewed extensively.
Dozens of allegations by skilling.
And how he did receive a fair trial in rejected almost each and every one.
Of those allegations by -- -- attorneys and basically said he received a fair trial and he's got to be held accountable.
The government thought you know I think the government and other observers thought there were some areas that that that -- was on shaky ground on.
For instance the honest services fraud that the government had charged.
skilling -- and the court even in that instance the court that declined to extend.
Some of its previous rulings.
That had allowed other white collar defendants and in the Enron -- -- to walk free.
And declined extent that the skilling -- set -- an important message.
That executives at the highest level are going to be held accountable.
For their actions and do you think they should be.
-- course and I think well we all do.
They think that if they crossed the line if they violate the law that they should be held accountable for their actions that I don't think anyone argues with that -- just I have what I'm saying is -- -- apoplectic that it's come to this that there may very well be a chance that there might be some type of lower sentence.
Well I mean you know away and make a case that it went on for nearly five years with millions of documents.
Dozens of attorneys.
Hours and hours of investigation is no surprise that that after an error a review where the court it really suspended its own rules.
I'll tell whilst doing to raise more than his -- share.
-- issues they wouldn't find some small issue.
They would -- back to the court but the bottom line is the courts that he got a fair trial in the conviction should stand.
And and only -- senate back of the court to rethink one small sentencing issue now.
In the end result of that is this you'll be doing.
Over fifteen and a half years to possibly get as much as nineteen and a half years and prison in the court that the district court could it could it's unlikely but it could.
Keep the same sentence in place that has the authority and power to do that cliff Strickland thank you very much -- good to see it.
You're welcome and by the way we did reach out to -- -- appellate attorney Daniel Petrocelli.
And here is what he have to say.
We will pursue every avenue to obtain further review by the appellate courts I spoke with Jeff.
And he is quote extremely disappointed but vows to continue the fight by no means.
Are we throwing in.
The -- So it's not an end to that situation we will keep -- -- -- what happens I'm.
Filter by section