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Enron Reorganization Plan Approved
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A federal judge approves Enron Corporation's reorganization plan. The move clears the way for Enron to emerge from bankruptcy before the end of this year. The company filed for bankruptcy protection in December, 2001. At the time it was the largest such filing in U.S. history. The firms' creditors will get about 18 to 20 cents on the dollar.
A federal judge approves Enron Corporation's reorganization plan. The move clears the way for Enron to emerge from bankruptcy before the end of this year. The company filed for bankruptcy protection in December, 2001. At the time it was the largest such filing in U.S. history. The firms' creditors will get about 18 to 20 cents on the dollar.
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