Enron Demands $9M To Cover Settlement Shortfall

Law360, New York (January 25, 2008, 12:00 AM EST) -- The successor to Enron Corp. has asked a federal court to force Hewitt Associates LLC to pay $9.15 million to cover a settlement fund shortfall caused by a mistake in calculation.

The settlement fund was set up to compensate former Enron employees who lost their retirement funds when Enron went bust in 2001.

The Enron Creditors Recovery Corp., all that remains of bankrupt Enron Corp., has filed two motions in the past week pushing for Hewitt to pay for the error made when the human resources...
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