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The judge in the Enron bankruptcy case Thursday denied a motion from company shareholders seeking the right to sue the fallen energy trader, citing the potential costs to the company while it tries to repay creditors. Enron shareholders had asked U.S. Bankruptcy Judge Arthur Gonzalez in New York to lift a stay imposed on the company upon its filing for Chapter 11 bankruptcy protection in December 2001.
February 28, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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