For Jeff Skilling, 'Enron Was His Life,' Lawyer Says

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July 23 (Bloomberg) -- Daniel Petrocelli, chair of the Business Trial and Litigation practice at O'Melveny & Myers LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of former Enron Corp. Chief Executive Officer Jeffrey Skilling.

On June 21, 2013, U.S. District Judge Sim Lake III approved the terms of a deal made between prosecutors and Skilling that reduced his prison term to 14 years from 24, freeing the former CEO as See more +

July 23 (Bloomberg) -- Daniel Petrocelli, chair of the Business Trial and Litigation practice at O'Melveny & Myers LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of former Enron Corp. Chief Executive Officer Jeffrey Skilling.

On June 21, 2013, U.S. District Judge Sim Lake III approved the terms of a deal made between prosecutors and Skilling that reduced his prison term to 14 years from 24, freeing the former CEO as early as 2017.

Petrocelli, in this "Rainmakers" episode, also explains why Skilling would not have faced civil or criminal proceedings if Enron's demise occurred during or after the 2008 credit crisis.

(Source: Bloomberg) See less -

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