Legal Precedent May Clear Ken Lay, Make Estate Off-Limits To US...

Christian Science Monitor Chris Axtman August 27, 2006 at 07:19 PM

If someone is convicted of a crime and dies before exhausting all his appeals, is he innocent?

That's the question now challenging federal prosecutors in the latest twist of the Enron case. A legal precedent could clear the record of Enron founder Kenneth Lay, even though he was found guilty of six counts of conspiracy and fraud, because of his sudden death last month. The move could also make tens of millions of dollars in his estate off-limits to creditors.

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