|
|
Article: Enron Files Voluntary Petitions for Chapter 11 Reorganization; Sues Dynegy for Breach of Contract, Seeking Damages of At Least $10 Billion; - Proceeds of Lawsuit Would Benefit Enron's Creditors.
- Article from:
- PR Newswire
- Article date:
- December 2, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. 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)
|
- Company in Active Discussions to Receive Credit Support For,
Recapitalize and Revitalize Its North American Wholesale Energy Trading
Operations Under New Ownership Structure
- Enron Will Downsize Operations and Continue Sales of Non-Core Assets
HOUSTON, Dec. 2 /PRNewswire/ -- Enron Corp. announced today that it along with certain of its subsidiaries have filed voluntary petitions for Chapter 11 reorganization with the U.S. Bankruptcy Court for the Southern District of New York. As part of the reorganization process, Enron also filed suit against Dynegy Inc. in the same court, alleging breach of contract in connection with Dynegy's wrongful ...