Enron Remnants, Hewitt End $9M Settlement Battle

Law360, New York (May 12, 2011, 1:03 PM EDT) -- A Texas federal judge on Wednesday signed off on a resolution between the remnants of Enron Corp. and human resources firm Hewitt Associates over a $9.15 million shortfall in a settlement fund for former employees caused by a mistake in calculation by the settlement administrator.

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

Details of Hewitt's deal with Enron Creditors Recovery Corp., the Enron Savings Plan and its administrative committee, approved by...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Tittle, et al v. Enron Corp, et al


Case Number

4:01-cv-03913

Court

Texas Southern

Nature of Suit

791(Labor: E.R.I.S.A.)

Judge

Judge Melinda Harmon

Date Filed

November 13, 2001

Law Firms

Companies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.