Defending a Former Director in Enron Fallout
Enron's $63 billion bankruptcy in 2001 sent shockwaves through the financial community, triggering the collapse of one of the world's largest accounting firms and setting in motion corporate governance changes that would alter the face of corporate America. The ensuing litigation relating to Enron meant that officers and directors of the company faced claims well beyond the limits of their D&O insurance coverage.
One former director of Enron enlisted Tonkon Torp to fight more than 250 separate lawsuits in addition to Congressional and Securities and Exchange Commission investigations. Tonkon Torp combines experience in corporate governance and litigation in representations of individual officers and directors, boards and special committees in all types of investigations, litigation and regulatory actions.
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