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Enron lost its bid on Wednesday to protect the potential buyer of NewPower Holdings Inc. from any future Enron-related tax or pension plan liability tied to the Houston energy company's 44 percent stake in NewPower. Judge Arthur Gonzalez of the U.S. Bankruptcy Court for the Southern District of New York denied Enron's motion to protect U.K.-based Centrica in its purchase of NewPower assets.
March 28, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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