Banks, Funds Appeal Enron Bankruptcy Decision

Law360, New York (October 8, 2007, 12:00 AM EDT) -- A group of Enron Corp.'s creditors fired the opening volley in the battle to overturn a decision that denied the banks' motion to subordinate certain claims to pre-petition agreements guaranteeing “senior indebtedness.”

Creditors including Credit Suisse First Boston, Deutschebank trust Company America, Farallon Capital Management LLC, Goldman Sachs Credit Partners LP, King Street Capital LP, Redwood Partners and King Street Capital LP, all of which made loans to Enron and its subsidiaries through lending companies known as Choctaw and Zephyrus, filed the documents on Friday in...
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