Archive News Releases

2006

November 2Enron Reaches Settlement With Barclays In MegaClaims Litigation
October 6Enron Reaches Settlement With Fleet In MegaClaims Litigation
October 3Enron Distributes Approximately $3.4 Billion To Creditors
September 3Enron Announces Completed Sale of Prisma Energy International Inc.
July 6Enron Reaches Settlement With Merrill Lynch in MegaClaims Litigation
June 28Enron Announces Agreement To Settle Disputes With Tacoma, Montana Attorney General and FERC Trial Staff
June 1Enron Reaches Settlement With Vinson & Elkins, LLP
May 26Enron Announces Proposed Sale of Prisma Energy International Inc.
May 9Enron Reaches Settlement With CSFB In MegaClaims Litigation
April 3Enron Distributes Over $4.6 Billion to Creditors
March 10Enron Announces Settlement of Western Energy Market Claims with FERC & Western Energy Parties

2005

November 16Enron Announces Settlement of Claims with Nevada Companies Involved in Western Energy Market
August 16Enron Reaches Settlement With Toronto-Dominion Bank in MegaClaims Litigation
August 16Enron Reaches Settlement With JPMorgan Chase In MegaClaims Litigation Valued at $1 Billion
August 5 Enron Reaches Settlement With Canadian Imperial Bank of Commerce in MegaClaims Litigation
July 17Enron Reaches Settlement with the Royal Bank of Scotland in MegaClaims Litigation
July 15Enron Announces Agreement To Settle Disputes Related to Western Energy Market
July 11Enron Announces Agreement to Settle Litigation Related to Company Retirement Plans
April 6Enron Plans to Issue PGE Common Stock to Creditors

2004

September 1Enron Announces Sale of CrossCountry to Southern Union/GE Joint Venture for $2.45 Billion
July 15Enron Receives Bankruptcy Court Approval
June 24Enron Announces Sale of CrossCountry to Southern Union/GE for $2.35 Billion; Bankruptcy Court Approves Bidding Procedures for Sept 1 Auction
May 27Enron Certifies Creditor Vote on Joint Chapter 11 Plan
May 21Enron Announces Sale of CrossCounry Energy to NuCoastal for $2.2 Billion
February 26Enron Reaches Settlement with Osprey Trust Noteholders

2003

November 18Enron To Sell Portland General Electric to Oregon Electric Utility Co -- $2.35 Billion Transaction
September 18Enron Files Amended Chapter 11 Plan with Bankruptcy Court
July 21Enron Reaches Settlement With Marlin Water Trust Noteholders
July 11Enron Files Chapter 11 Plan with Bankruptcy Court
June 27Enron, Creditors Reach Tentative Agreement; Ask Court for Short Extension to File Plan of Reorganization
June 25Enron Announces Organization of CrossCountry Energy Corp.
May 9Enron Board Approves Proposal to Create New International Company
March 19Enron Board Approves Proposal to Create New Pipeline Company

2002

October 10Bankrupty Court Approves Sale of Enron Center South
October 4Transwestern Pipeline Company's S&P Credit Rating Raised
August 27Enron Commences Auction Process to Maximize Value of Core Assets
August 15Enron and Dynegy Announce Settlement of Merger-Related Litigation
July 25Enron Names New Board Member
June 6Enron Board Reports Progress on Planned Transition
May 30Enron Names Two New Board Members
May 16Enron, Northwest Natural Gas Mutually Agree to Terminate Agreement to Sell Portland General Electric
May 3Enron Presents Process to Creditors' Committee for Separating Power, Pipeline Company from Bankruptcy
May 2Meda Advisory; Enron to Hold Media Conference Call
April 19Jeff McMahon Resigns as Enron President, COO
March 29Enron Files Retention and Severance Plan with Bankruptcy Court to Maximize Value to Creditors
February 27Enron, Houston Astros Reach Agreement on Naming Rights
February 20Enron to Sell Wind Assets to General Electric Company
February 20Enron General Counsel James Derrick Retires
February 14Enron Board Takes Disciplinary Action
February 14William Powers, Jr. Resigns From Enron Board
February 12Enron Board of Directors Announces Plan To Restructure Board
February 4Enron Announces Kenneth L Lay Resigns From Board
February 2Enron Special Committee Completes Investigation
January 29Enron Names Stephen F. Cooper Interim CEO and Chief Restructuring Officer; Retains Zolfo Cooper for Company Restructuring; Names Members of Office of Chief Executive
January 25Enron Media Statement
January 23Lay Resigns as Chairman and CEO of Enron, Remains on Board of Directors
January 17Enron Board Discharges Arthur Andersen in All Capacities
January 15Enron Releases Details of UBS Warburg Agreement
January 15Enron Announces New Stock Symbols
January 11Enron Announces Significant Events Leading to Approval of Trading Business Transaction
January 11Enron Announces Successful Bidder For Wholesale Trading Operation
January 10Wholesale Trading Auction Proceeding as Planned
January 3Enron Enters Into Settlement on Procedural Dispute with Dynegy