The former president of the defunct National Century Financial Enterprises Inc. is for the time being facing criminal charges without legal representation.
Lawyers for Lance K. Poulsen, a founder of Dublin-based NCFE, were allowed by U.S. District Court Judge Algenon L. Marbley Nov. 2 to end their representation of the indicted executive. Thomas M. Tyack and James P. Tyack from Tyack Blackmore & Liston Co. LPA requested the discharge.
"Certain events relating to allegations of activities of Mr. Poulsen, including his arrest for a charge of obstruction of justice, have occurred since Oct. 17, 2007," the attorneys wrote to the court. "It has become apparent that in fact, as a result of the allegations raised and the circumstances surrounding thereto, counsel are in a position of being in a conflict of interest with Mr. Poulsen."
Neither lawyer was available for comment.
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