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Sarbanes-Oxley News & Developments
Former Enron Chairman Kenneth Lay has died - record clear.Under the "abatement doctrine," the death of former Enron Chairman Kenneth Lay wipes both his conviction and indictment from the criminal record, complicating civil suits against his estate.
> > The death of former Enron chairman Kenneth Lay will clear his record of his conviction, and even his indictment, ending Department of Justice efforts to recover bonuses and other earnings of Lay.
Source: CFO
Published:2006-07-05
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