The filing made to the federal court where the two men were convicted last month asks Judge Sim Lake to grant the forfeiture request that would match the “gross amount of the proceeds of the crimes of conviction.” Lay, 64, was convicted of six counts of conspiracy and fraud, as well as four separate personal […]

The figure would be a rise of at least nine per cent on last year’s fee income of £914m. Meanwhile, partners at the top of the lockstep are expected to earn at least £850,000, up 20 per cent on last year when top of equity was £710,000. The results will be a vindication for the

Lay, on trial for fraud and conspiracy along with former Enron CEO Jeffrey Skilling, has said most of the stock sales were made to pay off his millions of dollars in debts. Under cross examination by prosecutor John Hueston, Lay admitted he and wife, Linda, lived the good life and had trouble giving it up,

A continued feeling that some firms have yet to come out of the plateau that they are parked on marks another year of measured growth for Australasia’s leading firms. “If you take a snapshot of us year to year, then there is a little bit of change in numbers. But, from the headcount view there

Rohan Weerasinghe, head of the Wall Street law firm of Shearman & Sterling, received unwelcome news this month. Five partners, including the asset-management group chief, jumped to a New York rival. The turn of events was not entirely unfamiliar. Some partners were already heading for the exits when Weerasinghe became the head of Shearman in

The scandalous court case involving a Hollywood gumshoe accused of snooping on the stars has drawn in another high-profile suspect. Antony Pellicano, a private investigator, is being held in prison without bail while he waits to stand trial on 110 charges of illegal phone-tapping and accessing police records, in search of dirt on high profile