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Hollinger Trial Shows Even 'Least Culpable' GC at Risk
The jury called him "St. Mark." His attorney called him "a modern-day George Bailey." The judge called him "clearly the least culpable" of the defendants in the fraud trial of Conrad Black and other former executives from Hollinger International. But that expressed sympathy didn't stop the former GC, Mark S. Kipnis, from being convicted of fraud along with Black and other co-defendants accused of swindling $6 million from the company. Kipnis' story is a cautionary tale for in-house lawyers.