Iran–Contra affair: Oliver North is sentenced by U.S. District Judge Gerhard A. Gesell to a three-year suspended prison term, two years probation, $150,000 in fines and 1,200 hours community service. His convictions are later overturned.

The Iran–Contra affair, also referred to as the Iran–Contra scandal, the Iran Initiative, or simply Iran–Contra, was a political scandal in the United States that centered on arms trafficking to Iran between 1981 and 1986, facilitated by senior officials of the Ronald Reagan administration. As Iran was subject to an arms embargo at the time of the scandal, the sale of arms was deemed illegal. The administration hoped to use the proceeds of the arms sale to fund the Contras, an anti-Sandinista rebel group in Nicaragua. Under the Boland Amendment, passed by Congress in a 411–0 vote and signed into law by Reagan, further funding of the Contras by legislative appropriations was prohibited by Congress, but the Reagan administration continued funding them secretively using non-appropriated funds.

Oliver Laurence North is an American political commentator, television host, military historian, author, and retired United States Marine Corps lieutenant colonel.

In the United States, a federal judge is a judge who serves on a court established under Article Three of the U.S. Constitution. Often called "Article III judges", federal judges include the chief justice and associate justices of the U.S. Supreme Court, circuit judges of the U.S. Courts of Appeals, district judges of the U.S. District Courts, and judges of the U.S. Court of International Trade.

Gerhard Alden Gesell was a United States district judge of the United States District Court for the District of Columbia.