Enron Corporation (extinct)

Enron Corporation (extinct)

Enron Corporation (extinct)

Overview
Date Founded

1985

Headquarters

4 Houston Center,1221 Lamar,Suite 1600,Houston, TX 77002

Type of Company

Private

Employees (Worldwide)

10K - 1M

Industries

Oil & Gas
Power & Utilities
Investment Banking & Brokerage

Company Description

Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,000 staff and was one of the world's major electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion during 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that its reported financial condition was sustained substantially by an institutionalized, systematic, and creatively planned accounting fraud, known since as the Enron scandal. Enron has since become a well-known example of willful corporate fraud and corruption. The scandal also brought into question the accounting practices and activities of many corporations in the United States and was a factor in the creation of the Sarbanes–Oxley Act of 2002. The scandal also affected the greater business world by causing the dissolution of the Arthur Andersen accounting company.

Executives & Employees

President & Chief Operating Officer

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Recent Transactions
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AEI Services LLC purchases Prisma Energy International, Inc. from Enron Corporation

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Ashmore Investment Management Ltd., AEI Services LLC purchase Prisma Energy International, Inc. from Enron Corporation

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D.E. Shaw & Co., Inc. purchases Transportadora de Gas del Sur SA from Enron Corporation

Transaction Advisors
Legal Advisor

Advised onCCE Holdings LLC purchases CrossCountry Energy LLC from Enron Corporation

Accountant

Advised onEnron Corporation purchases Portland General Corp.

Legal Advisor

Advised onEnron Corporation purchases Portland General Corp.

Legal Advisor

Advised onCCE Holdings LLC purchases CrossCountry Energy LLC from Enron Corporation

Legal Advisor

Advised onAEI Services LLC purchases Prisma Energy International, Inc. from Enron Corporation

Legal Advisor

Advised onCCE Holdings LLC purchases CrossCountry Energy LLC from Enron Corporation

Advisors & Consultants
Legal Advisor

Partner at Sidley Austin LLP

Legal Advisor

Chair, Business Solutions, Governance, Restructuring & Bankruptcy Group at Proskauer Rose LLP

Legal Advisor

Partner at Proskauer Rose LLP

Political Donations
Investments
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Papier Masson Ltée provides paper-printing facilities. Its products include newsprint, directory paper and paperboard. The firm is integrated with thermo mechanical pulp mills. The company was founded on December 18, 1988 and is headquartered in Gatineau, Canada.

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Surgient, Inc. is enggaed in the provision of cloud automation solutions to software vendors. It offers Virtual Automation Platform, a software automation and management platform that helps enterprise IT organizations to provide self-service computing resources to users. The company was founded by Dave McCrory in 2003 and is headquartered in Austin, TX.

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Serveron Corp. provides online monitoring products and services for electric power substations. It provides technology and services that monitor the performance of electric utility assets. The company was founded in 2001 and is headquartered in Beaverton, OR.

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