The last in a series of reports by Enron Corp.’s bankruptcy examiner said that even if they aren’t legally culpable, former Chairman Kenneth Lay and former CEO Jeffrey Skilling “breached their fiduciary duties” and may be liable for repaying millions of dollars to the company.
Wider
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Indiana Firms Seek to Form State’s Largest Utility
In an effort to build a larger customer base, cut costs and offer a wider variety of commodities and services, Indiana Energy, parent of Indiana Gas, announced plans to merge with Sigcorp, the holding company for Southern Indiana Gas and Electric (Sigeco). The merger of equals will create a new $1.9 billion holding company called Vectren Corp.
June 21, 1999