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Shocked that Enron Corp. still hasn't sought Chapter 11 protection, bankruptcy attorneys theorize that the company is either trying to line up a debtor-in-possession financing or a buyer for its prized electronic trading system before taking the fateful step. The seemingly inevitable bankruptcy filing will likely be messy and could even include charges of fraudulent conveyance.
November 30, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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