Clauses

Enron, Dynegy in Court Again, This Time on Energy Trade Agreements

Clauses within some energy trading contracts that were executed before Enron Corp. filed for bankruptcy last December are at the heart of another legal dispute with Dynegy Inc., but in this case, determining which one will be required to pay the other most likely will be decided in court. Dynegy earlier had paid Enron $25 million in August to settle a lawsuit over their cancelled merger (see Daily GPI, Aug. 16).

November 19, 2002