http://news.independent.co.uk/business/news/article328744.eceConrad Black, the former owner of The Daily Telegraph, yesterday averted a humiliating appearance in federal court in the US over criminal allegations that he looted the company, by successfully arguing for more time to prepare his defence.
Lord Black will now appear in the federal court in Chicago next Wednesday to answer fraud charges over his actions as chairman and chief executive of the media company Hollinger International.
It is not clear whether the colourful Canadian-born peer will avoid being arrested. In previous high-profile corporate fraud case such as the one against Kenneth Lay, the former chairman of Enron, suspects have been handcuffed before being led into court.
Lord Black is currently in Toronto. If he chooses not to appear next week, government lawyers will start extradition proceedings
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