Andrews Securities Litigation and Regulation Reporter
November 6, 2002
Enron (Merger Dispute):
Copyright (c) 2002 Andrews Publications
ENRON SHAREHOLDERS ALLOWED TO SUE DYNEGY OVER FAILED MERGER
In re Enron Corp.
A federal court in Manhattan has reversed the automatic stay imposed by Enron's bankruptcy proceedings on shareholders who want to sue Dynegy Inc. for backing out of its proposed merger with the now-fallen energy giant. The court ruled that the...