Citigroup Asks Court To Stay Enron MegaClaims Trial

Law360, New York (March 14, 2008, 12:00 AM EDT) -- Investment bank Citigroup Corp. has continued its fight against the Enron MegaClaims litigation, asking a bankruptcy court to push back the trial until a New York district court considers its merits.

In a letter submitted to Judge Arthur Gonzales of the U.S. Bankruptcy Court for the Southern District of New York, Citigroup asked the court to stay the April 28 MegaClaims trial until the U.S. District Court for the Southern District of New York determined whether it would hear the case.

Citigroup argued that the judge...
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