The Witness Box

Commenting on expert evidence, economic damages, and interesting developments in injury, wrongful death, business torts, discrimination, and wage and hour lawsuits

Thursday, May 04, 2006

Economic witness testimony in the news

Jerry Arnold of USC, testified for Ken Lay in the Enron trial and found nothing misleading in their accounting. He was paid about $1 million for the work and research he performed in the case.

Walter Rush, working for Jeff Skilling, also found no problem in the accounting. He was paid $600 per hour. As of his cross-examination, he spent 954 hours in preparing this opinion and testifying. ($572,400)

Source: http://www.chron.com/disp/story.mpl/chronicle/3839450.html

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