Ex-newspaper tycoon loses appeal on 2 of 4 counts

(Bloomberg): The former Hollinger International Inc. chairman, Conrad Black lost his appeal of two convictions while winning reversal of two others in a ruling that may send him back to prison. A guilty verdict for obstruction of justice, for which he received the longest sentence, was upheld Friday by a US Court of Appeals in Chicago, as was one of three fraud convictions. A three-judge appeals panel set aside two other fraud counts. It said prosecutors can retry Black, 66, and his co- defendants on those charges. The ex-publisher and author was convicted in 2007 of participating in the theft of $6.1 million from the Chicago-based newspaper company.

“There’s nothing to indicate, based on what is in this opinion, that the obstruction would be impacted in any way or that that sentence would be impacted,” said Mark Flessner a former federal prosecutor now in the Chicago office of SNR Denton US LLP. “Judge St. Eve may very well just impose the same sentence with respect to Black.”
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