Barbara Amiel Black's 26-carat diamond ring returned
CHICAGO - Jailed media mogul Conrad Black has been given back his passport and his wife's 26-carat diamond ring, which had been posted as part of his bail.
A Chicago judge returned the items and also lifted liens on Black's Palm Beach mansion at the request of his lawyers this week.
The mansion was part of Black's US$21 million bond to remain free during the trial and before his sentencing in December.
He was asked to hand over his passport after he was convicted.
Black began serving a 6 1/2 year prison sentence for fraud an obstruction of justice March 3 in Florida.
His wife Barbara Amiel Black has been staying at the couple's Palm Beach home so that she can visit Black, who is housed at the Coleman prison in central Florida.
Black's former company, meanwhile, said Friday it had been notified that it wasn't in compliance with the New York Stock Exchange's continued listing standards.
Sun-Times Media Group Inc., formerly Hollinger International, said it failed to meet the requirement because over a consecutive 30-day trading period its average total market capitalization was less than $75 million.
The company's most recently reported shareholders' equity was also below $75 million.
Sun Times has 45 days to show its ability to achieve compliance with the continued listing standards.
"The company intends to submit a plan that will demonstrate compliance with the listing standards within the required time frame,''' Sun-Times said.
Sun-Times Media Group shares were down four cents at 76 cents in trading Friday on the New York Stock Exchange.