Conrad Black wins bail victory over US justice department

Or should we say Lord Black? Anyway Conrad Black, aka Lord Black of Crossharbour, is about to be granted bail in the US after three appeal judges ruled that a US legal requirement that business leaders had to live up to ‘the intangible right of honest services’ was applied too broadly in his case.

He was sentenced to 78 months in a Florida jail two years ago for treating his company Hollinger, which owned the Telegraph titles in the UK, as a ‘personal piggy bank.’ Arguably more important, and the thing that might prevent him winning an eventual acquittal, was the way he removed evidence relating to the case from his apartment.

So, although Conrad may be out soon, he’s hardly likely to return to the UK anytime soon which will save the authorities embarrassment over what to do about his peerage.

Actually it’s surprising that all this has taken so long. Any first year law student could tell you that ‘the intangible right of honest services’ is open to debate, to put it mildly.

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About Stephen Foster

Stephen is a former editor of Marketing Week and London Evening Standard advertising columnist. He wrote City Republic for Brand Republic and is a partner in communications consultancy The Editorial Partnership.