0 results for 'Dominion Energy'
Judge ends Enron suit filed by shareholders
HOUSTON AP - An eight-year-old lawsuit by Enron Corp. shareholders and investors who had accused various financial institutions of participating in the accounting fraud that led to the once mighty energy giant's downfall ended Wednesday after the remaining defendants in the case were dismissed.Attorneys for the lead plaintiffs, the regents of the University of California, asked U.Citigroup trial may double Enron creditors' payout
Enron Corp. creditors could see their original payout more than quadruple to as much as $31 billion after a trial against Citigroup Inc. Enron Creditors Recovery Corp., the entity winding up the defunct energy trader's affairs, distributed $13.3 billion, or 36 cents on the dollar, since a bankruptcy plan was approved in 2004.Citigroup to Pay $2B in Enron Class Action
Citigroup Inc. said Friday that it will pay $2 billion to settle a class action suit over its role in the sale of Enron Corp. stock and bonds before the energy company collapse that cost investors billions of dollars. Under the settlement -- the largest to date in the case -- Citigroup said it will distribute the payment to investors who bought publicly traded equity and debt securities issued by Enron and its related units between Sept. 9, 1997, and Dec. 2, 2001.Creditor`s Fee Request Opposed By Weil Gotshal
American Lawyer MediaNew Bar Chief Aims at Helping Children
Meredith [email protected] Atlanta Bar Association's new president, Elizabeth A. Price, wants to focus on helping abused and neglected children. Recruiting Atlanta lawyers to volunteer as advocates for kids who end up in the court system builds on outgoing bar association president William M Ragland Jr.'s initiative to increase the organization's pro bono efforts.Enron Investors Ask Judge to Rule on Merrill Lynch's Participation in Fraud
Investors who lost money in the collapse of Enron filed a petition Friday asking the judge overseeing bankruptcy proceedings to rule on whether Merrill Lynch & Co. was a knowing participant in helping the energy trader hide massive losses. It marks an escalation by the lawyer for the lead plaintiff to recover money from brokerages and banks that had relationships with Enron. William Lerach said he presented a similar motion to Canadian Imperial Bank of Commerce, which has opted to settle for $2.4 billion.How Climate Change Issues Will Impact Corporate Disclosure
Climate change is receiving much attention in legal circles, particularly as it pertains to corporate governance and disclosures. Shareholders of publicly traded companies are demanding that boards of directors address how climate change issues will impact the companies. Attorneys Jean McCreary, Ruth H. Silman and Richard Cogen review recent developments and suggest practices that may assist companies in making mandatory or voluntary disclosures.Bankruptcy Bonanza: Firms to Make Millions in PG&E Case
In one of the largest bankruptcies in Maryland history -- a multibillion-dollar series of cases filed by companies affiliated with California's Pacific Gas & Electric Co. -- more than a dozen firms have billed $60 million in legal fees over the last year and a half. The bankruptcy is providing a window on how much top firms are charging to handle such claims -- and how much creditors and debtors are willing to pay to make them go away.A Buyer's Guide to Law Firm Software
Brought to you by PracticePanther
Download Now
A Step-by-Step Flight Plan for Legal Teams: Fire Up Your Productivity Engine and Deliver High-Impact Work Faster
Brought to you by HaystackID
Download Now
Corporate Transparency Act Resource Kit
Brought to you by Wolters Kluwer
Download Now
Revenue, Profit, Cash: Managing Law Firms for Success
Brought to you by Juris Ledger
Download Now