Enron Creditors To Receive $27M
Judge Arthur J. Gonzalez approved the agreement among the Enron Creditors Recovery Corp., Gulf Co. Ltd. and the Travelers Indemnity Co. on Thursday in the U.S. Bankruptcy Court for the Southern District of New York.
According to ECRC's motion, the stipulation agreement would require ECRC and Gulf to repay $8.9 million to Travelers, which provided insurance coverage to Enron. Travelers and its...
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