This site makes use of Javascript, please enable your web browser to allow Javascript. Thank you.
校友 | RSS | AA | 语言
 

Allen Stanford Mental Fitness Hearing Before Fraud Trial Set for December

As appeared in Bloomberg BusinessWeek

November 29, 2011

Texas financier R. Allen Stanford, accused of leading a $7 billion investment fraud, faces a competency hearing later this month to determine if he is fit to stand trial next year. According to BusinessWeek, Stanford has been treated in a prison hospital in North Carolina for anti-anxiety drug dependency. He has also been evaluated after a head injury he sustained during a prison assault.

Said Kaye Scholer White-Collar Litigation Partner Eric Sussman, a former federal prosecutor, “If he’s found unable to help his attorneys prepare his defense, Stanford could return to Butner for further treatment.”

“If [Judge] Hittner finds Stanford can’t sufficiently recover his faculties, the judge would be required to decide whether the financier must be committed to a long-term care facility,” Sussman added.

Sussman concluded that for Stanford to be permanently institutionalized, “he’d have to be deemed a danger to himself or others. To the extent the judge finds he can’t be restored to competency, they may have to drop the charges.”

 
业务 专业人员 本所 Careers 多样性 法律援助 新闻中心 出版物 新法解读 业界动态 专业经验 大事记 新闻公告 评级与认同 活动 代表处