Who would want James V. Derrick Jr.’s job now? The embattled general counsel at bankrupt Enron Corp. faces inquiries from congressional investigators, plaintiffs lawyers and federal prosecutors. A mob of reporters hangs outside the door of the bankrupt company’s headquarters in downtown Houston waiting for the day’s dose of bad news.

Despite the troubles, Mark Haedicke, managing director and general counsel of Enron subsidiary Enron North America Corp., allegedly encouraged rumors in January that he would replace Derrick, according to five Enron in-house lawyers and three outside lawyers.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]