3 Banks Mount New Effort To Slip 15-Year-Old Enron Suit

Law360, New York (November 20, 2017, 4:02 PM EST) -- Deutsche Bank, Credit Suisse and Merrill Lynch have asked a New York federal judge to rule in their favor and reject what remains of a 2002 lawsuit by Enron Corp. bond buyers that accuse the banks of helping Enron cook its books, saying they could not be made to pay for the energy giant’s collapse.

In court papers made public on Friday, the three financial giants pushed for victory without a trial over several claims, brought by the Canadian investor Silvercreek Management Inc. and its fund affiliates, that survived dismissal earlier this year. Even with 1,200 days of depositions and 150...

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New York Southern

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Securities/Commodities

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Date Filed

November 7, 2002

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