Enron Creditors Recovery Corp.'s sole mission is to reorganize and liquidate the remaining operations and assets of Enron following one of the largest and most complex bankruptcies in U.S. history.

Latest News

Tittle/DOL Settlement Update

Latest Distribution Information
  •  Updated Information – The election period for the Tittle/DOL settlement distributions ended on November 28, 2008.  Valid election forms postmarked on or before November 28, 2008, have been processed and all corresponding distributions released by February 27, 2009.
    • IRA Accounts have been established through RolloverSystems, Inc. (“RSI”) for all eligible claimants who did not submit a valid election form by the November 28, 2008 deadline, and IRA account information packets have been mailed from RSI to these claimants.
       
      For information regarding or access to your RSI IRA account, please contact the RSI Retirement Center at 1-888-472-7678.

      International callers may contact the RSI Retirement Center at 1-704-248-5809.

    • New Information - If your 2007 allocation was transferred to a default IRA established on your behalf with Wilmington Trust Company, please click here for additional information.

      If you owe an amount to the Enron Corp. Savings Plan and currently have a balance in the default IRA at Wilmington Trust Company established on your behalf as a result of the 2007 allocation distribution, please click here for additional information.

    • Please note, if you submitted an election form but have not yet received your distribution, it is possible that your form was incomplete and/or illegible and your distribution was instead defaulted to an IRA account with RSI.  Consequently, please contact RSI to be certain that you do not have an IRA account established before initiating the stop payment/reissue process with regard to your settlement distribution.
    • If your allocation check has been lost or is not negotiable as written, please click here for additional information.
    • If you owe an amount to the Enron Corp. Savings Plan, a repayment tracking form will be included with your packet. Click here for a form you may use to direct the reversal of overpayments from a personal IRA account.
    • The return address for repayment tracking forms is:
                 Enron Corp. Savings Plan
                 P. O. Box 1188
                 Houston, TX    77251-1188
    • If you do not have a recovery amount from this settlement and if you do not have an overpayment owed to the plan, you will not receive a mailing as there is no action required of you.
    • For other questions regarding this settlement allocation, please contact:
      Enron Creditors Recovery Corp. Benefits Department
      P. O. Box 1188
      Houston, TX    77251-1188
  • Click here to learn more about the personalized packets that were mailed on May 6, 2008 to Enron Corp. Savings Plan claimants in the Tittle Action class action lawsuit.
  • Click here to view frequently asked questions about the Enron Corp. Savings Plan Tittle Settlement Fund Allocation.

Enron Creditors Recovery Corp. recently distributed more than $50 million to creditors, bringing the total amount recovered to date to $21.598 billion.
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ECRC Reaches Settlement with Citigroup in MegaClaims Litigation
Citigroup has agreed to pay $1.660 billion in cash to settle litigation and to waive and release additional claims reserved for billions of dollars; please click here to view the settlement agreement. ECRC now expects to be able to distribute $6 billion to ECRC's creditors in near term. Please click here to read the press release regarding the settlement. All relevant motions, including exhibits, along with the notice of the hearing, are available on here.

NOTE: The information contained on this site is a summary of information derived from the pleadings filed in the cases initiated by Enron Creditors Recovery Corp. and the reports of the Bankruptcy Examiner and is provided for information purposes only. Please refer to the complaints and other relevant documents for specific and complete information regarding Enron's ongoing litigation.

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