Conrad Black Granted Bail
Bloomberg reports that Conrad Black has been granted bail:
July 19 (Bloomberg) -- Conrad Black, the former Hollinger International Inc. chairman jailed since March 2008 following a conviction for fraud, was granted bail by an appeals court.
The U.S. Court of Appeals in Chicago today sent the case back to U.S. District Judge Amy St. Eve, who presided over Black’s trial, delegating to her the responsibility of setting conditions for Black’s release.
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.
The case was prosecuted by the office of Chicago U.S. Attorney Patrick Fitzgerald. His spokesman, Randall Samborn, today declined to comment on the appeals court ruling.
Miguel Estrada, Black’s appellate lawyer, didn’t immediately return a call seeking comment.
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