Seventh Circuit: USA v. Michael Segal

Sentencing/restitution

No error in denial of extension ot purchase insurance policies, as the funds were held up elsewhere in in the settlement by deft's actions.

Although an offer to purchase an asset does not have to be capable of acceptance by simple affirmation in order to be considered commercially acceptable, the deft's right of first refusal gave him an equitable stake in the transaction, and his rights were impaired by having to match a third party's freely revocable offer.

Deft counsel can properly testify as to having seen or not seen the listing of an asset on a list of properties to be seized when the issue turns on a question of inadvertent omission that was not brought to the government's attention.

http://media.ca7.uscourts.gov/cgi-bin/rssExec.pl?Submit=Display&Path=Y2016/D01-21/C:14-3533:J:Posner:aut:T:fnOp:N:1690615:S:0