Enron Asks Court's Help Getting Paid

NEW YORK-- Enron is asking Manhattan bankruptcy court Judge Arthur Gonzalez to get tough on more than 10,000 former wholesale and retail customers owing from five figures to $1 million, for services rendered or products delivered before and since the company's scandalous bankruptcy in December 2001, the Associated Press reported.

The bills add up to $150 million; about 200 other customers owe larger amounts, for an overall total of over $1.1 billion.

Enron owes an estimated $67 billion to more than 20,000 creditors, most of whom will only see a fifth of what they're owed. With fees in the case surpassing $400 million, some customers with unpaid bills probably are hoping their debts will be lost in the shuffle, an Enron attorney said.

-- NYSSCPA.org News Staff

Posted on 8/20/03