Unanswered

The legal questions concerning the estate of Enron Corp. founder Kenneth Lay remain unanswered, but the court wranglings for and against ex-CEO Jeffrey Skilling and others involved in alleged misdeeds at the company continued last week in Houston.

The legal questions concerning the estate of Enron Corp. founder Kenneth Lay remain unanswered, but the court wranglings for and against ex-CEO Jeffrey Skilling and others involved in alleged misdeeds at the company continued this week in Houston.

Despite unanswered questions about whether the holding company will be dragged into some part of its former merchant unit’s Chapter 11 bankruptcy and the timely completion of its utility company’s bankruptcy emergence, San Francisco-based PG&E Corp.’s CEO told an industry financial audience in Orlando, FL, last Tuesday that his utility company is on a “clear path” to clearing the final hurdles with state regulators and the federal bankruptcy court.

Despite unanswered questions about whether the holding company will be dragged into some part of its former merchant unit’s Chapter 11 bankruptcy and the timely completion of its utility company’s bankruptcy emergence, San Francisco-based PG&E Corp.’s CEO told an industry financial audience in Orlando, FL, Tuesday that his utility company is on a “clear path” to clearing the final hurdles with state regulators and the federal bankruptcy court.