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January 01, 2009

Speedy trial limits extended in Rivas case on defense complexity motion

The trial of Louis Rivas on a multitude of bankruptcy and non-bankruptcy criminal charges arising from the collapse of his foreign curency exchange firm, The Forex Project (discussed in this post), has been re-scheduled to July 20, 2009.

U.S. District Judge Curtis Collier granted a common defense motion to extend the speedy trial limits due to the complexity of the case.  Among voluminous discovery materials to be reviewed, the case includes over 500 witness located in more than 20 states.  A summary of the charges and access to the indictment is available here.

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