Date: December 7, 2006
Source: News Room
The Connecticut Resources Recovery Authority could return part of the tentative $21 million settlement of a lawsuit against lawyers involved in a failed $220 million loan made to Enron in 2001 to 70 member towns that claim they're paying higher fees because of the failed loan. As of March, the authority had managed to recoup $111 million from distribution of Enron's assets. The towns want the entire $21 million returned to them, claiming that the towns, not CRRA, have paid, through higher tipping fees, for the losses incurred by the Enron failed loan.
The Connecticut Resources Recovery Authority: www.crra.org.
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