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...
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