Gordian Group was retained by a major law firm as an expert witness and financial advisor in the defense of a prepetition lender and adversary defendant in actions brought by the Enron estate and security holders.
CLIENT: Major law firm on behalf of a prepetition lender
Enron, a major energy company, filed for bankruptcy protection, in one of the largest bankruptcy filings in history, in the Southern District of New York in late 2001. The client was an adversary defendant vs. the Enron estate and Enron security holders.
Gordian Group was involved with both the interpretation of the plaintiffs’ analysis as well as developing various quantitative defenses and arguments. As part of this assignment, Gordian Group participated in a joint defense effort, collaborating with other case experts.
The case was favorably settled to our client’s satisfaction.