Office of the Attorney General News Release Archive


Friday, January 11, 2002

STATEMENT FROM DEPUTY ATTORNEY GENERAL JEFF BOYD ON FEDERAL BANKRUPTCY COURT DECISION TO RETAIN ENRON CASE IN NEW YORK CITY

AUSTIN - The Attorney General's Office is disappointed that the U.S. bankruptcy judge has decided to keep this case in New York. We believe strongly that the Enron bankruptcy case should be heard in Houston, where Enron's corporate headquarters are located. The decision to leave the case in New York will clearly make it more expensive for us to protect the interests of Texas taxpayers and state agencies, and more importantly, will prohibit many of the former Enron employees from participating at all. We remain committed to doing everything we can to protect the State's interests, and will urge the federal Bankruptcy Court to appoint an Employees Committee to ensure that the interests of Enron's former, current and retired employees are adequately protected.

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Media Note: Deputy Attorney General Boyd argued the State's motion to transfer venue to Houston on Monday in the federal bankruptcy court in Manhattan.


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