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Enron Probe Examines Firms' Roles
R. Neal Batson, the court-appointed examiner investigating the exotic financing schemes that contributed to Enron Corp.'s bankruptcy, publicly released his much-anticipated second report on March 5. Batson's first installment, released in September 2002, examined a handful of structured finance deals. The 160-page document also raised questions about legal opinions furnished in those deals to Enron and some of its banks by several major law firms.Getting Fired: Don't Deal With the In-House Counsel and Deal With It Publicly?
Heaven forbid, IF you get fired, don't talk with the in-house counsel and deal with it in a public manner? Uh oh, that's not what an in-house lawyer wants to hear ...In Career-capper, Welch Nabs Honeywell
General Electric announced the acquisition of Honeywell International for $45 billion dollars in stock and the assumption of $5.5 billion in debt. The deal is the largest in GE's history and may lead to a string of follow-on deals to fill gaps in the company's expanded portfolio of businesses.Consolidated Edison Inc., plaintiff, v. Northeast Utilities, defendant
Utility�s Shareholders Lack Third-Party Beneficiary Right to Sue Con Ed for Breach of Merger ContractCite as: In re Lehman Brothers Holdings Inc., et al., 08-13555 (JMP), NYLJ 1202475147459, at *1 (SDNY, Decided November 16, 2010)Bankruptcy Judge James M. Peck
Cite as: Iowa Public Employees' Retirement System v. Merrill Lynch, Inc. 09-3919-Cv, NYLJ 1202472076104, at *1 (2nd Cir., September 14, 2010)Before: Jacobs, Ch.
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