MORE THAN two years after he was jailed for civil contempt, financier Martin Armstrong still cannot find a sympathetic ear at the U.S. Court of Appeals for the Second Circuit.
Saying that Mr. Armstrong’s continued presence at the Metropolitan Correctional Center is due to his own maneuvering, the Second Circuit yesterday ruled that Southern District Judge Richard Owen has the discretion to keep Mr. Armstrong behind bars until he produces millions of dollars in assets needed to help repay defrauded investors.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
