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Conrad Black Freed on $2 Million Bail

After serving two years of his sentence, Conrad Black has been freed on $2 million bail.

His attorney Miguel Estrada had said he expected his client to return to his home in Palm Beach.

Is that Miguel Estrada who former President Bush wanted on the U.S. Court of Appeals? Yes.

Black's conviction for honest services fraud was vacated in June following the Supreme Court decision placing limits on the use of the statute. In Black's case, the jury instructions used an improper interpretation of the statute and that the fraud did not involve bribes or kickbacks. [More...]

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Lord Conrad Black Granted Bail

Lord Conrad Black has been serving his sentence for honest services fraud since March, 2008. The 7th Circuit just granted his release on bail.

Black’s request for bail followed a U.S. Supreme Court decision in June that narrowed the scope of a federal statute used at his trial, returning the Hollinger executive’s case to the appeals court. Black and three associates had been found guilty in the theft of $6.1 million from Hollinger International -- once the world’s third-largest publisher of English-language newspapers -- as they engineered its sale of assets.

The order is here. [Hat tip to Sentencing Law and Policy.]

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