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Judge Sets UBS Case Status Hearing For Friday

Jul 29, 2009 | Reprints | Unlock Link | Print

A judge agreed Wednesday to hold another status conference Friday in the federal government’s ongoing tax evasion case against Swiss bank UBS AG.

Federal court Judge Alan Gold in Miami set the new conference in a call with lawyers representing the two sides, in which the government attorney said he still expects a trial against UBS to start as scheduled Monday, Aug. 3.

U.S. authorities are expected to use the trial to demand enforcement of a summons ordering UBS to turn over the details of accounts suspected of being used by thousands of wealthy Americans to evade income taxes.

Executive Briefing