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Home / Law / Lenders pay $149 million to settle Enron debt repayment lawsuit

Lenders pay $149 million to settle Enron debt repayment lawsuit

Lehman Brothers Holdings, Northern Trust Corp. and 70 other lenders will pay $149.2 million to settle an Enron Corp. lawsuit seeking the return of debt repayments it made five weeks before filing bankruptcy. Enron Creditors Recovery Corp. on Wednesday announced the agreement on short-term loans, often used to finance receivables and inventories and known as commercial ...

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