Houston-based Andrews Kurth has negotiated a tentative agreement to settle all claims brought against the firm by its former client Enron Corp. and the bankrupt Houston energy company's Committee of Unsecured Creditors. U.S. Bankruptcy Judge Arthur J. Gonzalez of the Southern District of New York, who is presiding over Enron's Chapter 11 bankruptcy filing, must approve the proposed deal before it becomes final. Under the proposed settlement terms, Andrews Kurth will pay $18.5 million in cash to Enron.
January 23, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Houston-based Andrews Kurth has negotiated a tentative agreement to settle all claims brought against the firm by its former client Enron Corp. and the bankrupt Houston energy company’s Committee of Unsecured Creditors.
U.S. Bankruptcy Judge Arthur J. Gonzalez of the Southern District of New York, who is presiding over Enron’s Chapter 11 bankruptcy filing, must approve the proposed deal, which Andrews Kurth announced on Jan. 19, before it becomes final.
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