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.

Confirmation Order Including Debtors' Supplemental Modified Fifth Amended Chapter 11 Plan and Post-Confirmation Status Reports

Tittle/DOL Settlement Update

Latest Distribution Information

On July 15, 2004, the United States Bankruptcy Court for the Southern District of New York entered an order (the "Confirmation Order") confirming the Supplemental Modified Fifth Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code (the "Plan"). The Plan is attached to the Confirmation Order as an exhibit. The Bankruptcy Court also entered its Findings of Fact and Conclusions of Law Confirming Supplemental Modified Fifth Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code, and Related Relief (the "Findings and Conclusions").

Click on either the Confirmation Order link or the Findings and Conclusions link below to view these documents. The documents are in PDF format. You can download and install the free Adobe Acrobat reader here.

Pursuant to the terms of the Plan, the Debtors have filed a schedule of executory contracts and unexpired leases to be assumed, which has been amended from time to time (as amended, the "Assumption Schedule"). Click on the Assumption Schedule link below to access these documents.

On March 9, 2004, the Debtors filed the Plan Supplement, which contains, among other things, forms of the various agreements discussed in the Plan and corporate organizational documents for PGE, CrossCountry and Prisma. Click on the Plan Supplement link below to view these documents.

The Disclosure Statement filed in connection with the Fifth Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code and other documents related thereto are accessible by clicking on the Archived Chapter 11 Documents link below. Prior versions of the Plan contained therein should not be relied upon. The Bankruptcy Court-approved version of the Plan is attached as an exhibit to the Confirmation Order and can be accessed by clicking on the Confirmation Order link below.

Pursuant to the Plan, the Debtors continue to file Post-Confirmation Status Reports on a quarterly basis. Click on the Post-Confirmation Status Report link below to view the most recent report.

PLEASE TAKE NOTICE THAT this website has been established and is provided and maintained by Enron Corp. and certain of its subsidiaries as a courtesy to creditors, equity interest holders and other parties in interest. While every attempt has been made to assure the accuracy and completeness of the information contained on this site, this website does not contain nor does it constitute the official court records.


  •  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. distributed approximately $100 million to creditors in May 2011, bringing the total amount recovered to date to $21.738 billion.  There are a limited number of pending litigation and collection matters and contingent liabilities that continue to affect the timing of the closure of the Enron bankruptcy case.  The Reorganized Debtors recently settled litigation in which defendants (both of whom were obligated to share recoveries with the Reorganized Debtors) previously received summary judgment in the United States District Court for the Southern District of New York (the “District Court”), referred to as the “Bammel Litigation.”  The Reorganized Debtors have also settled litigation with the Lay Estate, subject to mutually acceptable documentation and any court approvals required.  In addition, on March 31, 2011, the District Court entered an order affirming on appeal the denial by the Bankruptcy Court of a motion filed by National City Bank (“NCB”) which would have required the payment of certain additional monies in the approximate amount of $8.6 million to creditors holding the Allowed ETS Debenture Claim under an agreement which NCB purports to provide most favored nations status in these particular circumstances which the Reorganized Debtors have opposed.
 




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ECRC Reaches Settlement with Citigroup in MegaClaims Litigations.

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.