• Enron Corp. and Related Entities -- Legal and Strategic Issues Affecting Creditors of Enron
  • May 7, 2003
  • Law Firm: Orrick, Herrington & Sutcliffe LLP - San Francisco Office
  • On Sunday, December 2, 2001, Enron Corp. and 13 of its subsidiaries (collectively, "Enron") filed Chapter 11 bankruptcy petitions with the bankruptcy court in the Southern District of New York. The bankruptcy petitions resulted from Dynegy's termination of its merger agreement with Enron, the rating agency downgrading of Enron's debt, and the acceleration of $4 billion of debt as a result of the downgrades.