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Judge: Enron Creditors May Add Others to Suit

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From Reuters

Enron Corp.’s creditors may sue two Houston law firms, an auditor and about three dozen former executives in connection with the energy company’s collapse, a bankruptcy judge ruled.

The ruling by Judge Arthur Gonzalez of the U.S. Bankruptcy Court in Manhattan clears the way for creditors to add law firms Vinson & Elkins and Andrews & Kurth, accounting firm Andersen and others to a civil fraud and negligence lawsuit brought last year in Montgomery County, Texas.

The Texas lawsuit, filed Oct. 1, 2002, alleged wrongful conduct on the part of nine former Enron executives, including former Chairman Kenneth L. Lay, former Chief Executive Jeffrey K. Skilling and former Chief Financial Officer Andrew S. Fastow.

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