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Article: Judge rejects utility claims against Enron.
- Article from:
- Las Vegas Review-Journal (Las Vegas, NV)
- Article date:
- April 22, 2005
CopyrightCOPYRIGHT 2005 Las Vegas Review-Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: John G. Edwards
Apr. 22--A federal district judge in New York has rejected claims Nevada Power Co. and Sierra Pacific Power Co. filed against Enron Power Marketing, a subsidiary of the bankrupt energy giant of the similar name.
The two Nevada utilities, subsidiaries of Sierra Pacific Resources, asked U.S. District Judge Barbara Jones of New York to reverse a bankruptcy decision that threw out claims they filed seeking potential damages of an unspecified amount.
The utilities allege the company manipulated the energy markets.
In an opinion filed Friday, Jones ruled against the Nevada companies and affirmed the decision of ...