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Revelations that Enron management may have concealed damaging information about its maze of partnerships could leave the bankrupt energy giant open to allegations of fraudulent conveyance. Disgruntled creditors are expected to turn to a rarely used "intent-to-defraud" clause in the U.S. Bankruptcy Code to seek the recovery of assets that may have been transferred from Enron to its partnerships.
January 17, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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