Conrad Black has applied for bail with the 7th Circuit Court of Appeals in Chicago.
In a filing late Tuesday, lawyers for the Montreal-born media baron argued that he should be released immediately in the wake of a U.S. Supreme Court ruling in late June that set aside his fraud convictions.
Black’s conviction for obstruction of justice remains in place. The appeal court will now decide whether to have a hearing on his bail request while it decides whether to overturn his fraud convictions in light of the Supreme Court’s decision. It is not yet known when that might happen.