The US Second Circuit Court of Appeals also refused to stay a trial judge’s order that the 78-year-old Taubman report to federal prison on August 1 to begin his one-year term.
Taubman loses appeal
A US federal appeals court has upheld the conviction of former Sotheby’s chairman A. Alfred Taubman who had been found guilty of conspiring with rival auctioneer Christie’s International to fix commission fees.