Former Enron Corp. CEO Jeffrey Skilling is reviving his quest for a new trial based on evidence his legal team received from prosecutors long after he was convicted of 19 counts of conspiracy, securities fraud, insider trading and lying to auditors, Reuters reported on Friday. U.S. District Judge Sim Lake in Houston, who presided over Skilling's 2006 trial following the bankruptcy of the once high-flying energy company, on Friday gave the go-ahead to his legal team to seek a new trial. Enron crumbled in December 2001 after years of hidden debt and shaky finances fell apart. Skilling is serving a 24-year sentence on his conviction. Last month the U.S. Supreme Court refused to hear his latest appeal.
