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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

You Cannot Be Serious, Enron Tells Hewitt

HOUSTON (CN) - The Enron Creditors Recovery Corp. claims that Hewitt Associates misallocated almost $22 million from an $89 million settlement fund for thousands of Enron employees and former employees, and that now Hewitt has the "unmitigated gall" to demand that Enron "should indemnify it for Hewitt's own negligent - and grossly negligent - conduct."

Hewitt is an Illinois LLC whose sole member is Hewitt Associates Inc., a Delaware corporation. It was hired as a fund administrator because of its alleged expertise in handling benefits allocations, the complaint states.

Enron's lead counsel in Federal Court is John Strasburger.

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