Judge Denies RBC's Motion To Dismiss Enron Suit

Law360, New York (August 27, 2007, 12:00 AM EDT) -- A district court judge has thwarted the efforts of the Royal Bank of Canada to avoid charges stemming from the collapse of Enron Corp., refusing to grant the bank's motion to dismiss the consolidated class action filed by the energy company's shareholders.

Judge Melinda Harmon of the U.S. District Court for the Southern District of Texas denied RBC's motion to dismiss on Friday. The judge also granted the plaintiffs' request for leave to amend their second amended complaint, giving them 20 days in which to do...
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