The Tonkon Timeline

1997

Guiding PGE in and out of Enron

Guiding-PGE-in-and-out-of-Enron-Timeline

For decades, Tonkon Torp has helped PGE navigate matters large and small. In 1997, Enron bought PGE as part of its effort to expand into regional energy markets. Since Oregon law requires local ownership of a public utility, Enron became an Oregon corporation in connection with its acquisition of PGE. Tonkon Torp provided public utility, corporate, tax, restructuring, and litigation advice to Enron and PGE while PGE was owned by Enron, and through Enron’s highly complex and widely publicized bankruptcy case by which PGE was spun out of Enron and back into public ownership in 2006.