Entergy Rises Out Of Bankruptcy

Law360, New York (May 9, 2007, 12:00 AM EDT) -- Almost two years after falling into bankruptcy due to customer losses and damages caused by Hurricane Katrina, Entergy New Orleans Inc. emerged from Chapter 11 on Tuesday.

“ENO emerging from bankruptcy is great news for our customers and employees who deserved a positive signal that we were on the road to recovery,” said Rod West, president and chief executive officer of Entergy New Orleans. “We could not have closed this unfortunate chapter in our company’s history without the Herculean efforts and sacrifice of our employees who...
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