Former Enron chairman Kenneth Lay has asked for separate juries for his upcoming trials -- one for the fraud and conspiracy charges in the collapse of the energy conglomerate and the other on banking charges. According to the Associated Press, Lay's attorneys said that using the same juries would hurt his client's right to an impartial jury. Even if Lay were to be acquitted on the conspiracy and fraud charges, his defense team in a filing said, "There exists a substantial possibility that jurors will not be able to simply disregard all of that argument and evidence, and will use it -- intentionally or unintentionally, consciously or subconsciously -- to infer a propensity on the part of the defendant to commit the other offenses." A U.S district judge had suggested using the same jury for the Jan. 17 trial, which will feature Lay, former Enron CEO Jeffrey Skilling and accounting officer Richard Causey as defendants. Both Skilling and Causey were indicted on more than 30 counts, including conspiracy, fraud and insider trading. Lay was indicted in July with 11 counts lodged against him. All three have pleaded not guilty. Lay was granted a separate trial on the bank charges, which consist of one count of bank fraud and three counts of lying to banks.
-
Sales are continuing to improve at small businesses, but cash flow remains under pressure, according to a new report from Xero.
57m ago -
Plus, Workday touts new Financial Audit Agent; Cherry Hill Advisory launches AI-enabled internal audit services; and other accounting tech news and updates.
2h ago -
Plus, Kaufman Rossin launches a PE practice; Centri announces promotions; and other firm and personnel news from across the profession.
5h ago -
Single Shot; don't do drugs; not so Niceville; and other highlights of recent tax cases.
July 30 -
Charitable remainder annuity trusts can be helpful, but advisors should be careful to follow new guidance issued by the IRS and U.S. Treasury Department.
July 30 -
Or even triple-digit, as the 2026 Fastest-Growing Firms share how they turbo-charged their revenue.
July 30








