U.S. Department of Justice lawyers filed a motion on Sept. 6 to recover more than $40 million from the estate of Kenneth Lay, the former chairman of Enron Corp. who was convicted of fraud on May 25, but died of a heart attack on July 6 before he could be sentenced.

“They must be so frustrated that he passed away,” says Nancy Rapoport, a professor and former dean of the University of Houston Law Center, who has written extensively about the downfall of Enron and the resulting litigation.

This content has been archived.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]