Enron Creditors, Lay's Widow Fight Insurer Over Fees

Law360, New York (August 18, 2011, 2:36 PM EDT) -- John Hancock Life Insurance Co. obstructed and prolonged a fight between Enron Corp. creditors and Kenneth Lay's widow over $10 million in annuity payments, the widow's lawyer said Thursday, asking a New York bankruptcy court to reject Hancock's bid for attorneys' fees.

Enron's creditors accused Linda Lay of fraud more than eight years ago in connection with $10 million that Enron paid to annuities issued to her and her husband by an affiliate of Hancock, which intervened in the fight in December 2010 on the grounds...
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