Enron Creditors Recovery Corp.'s sole mission is to reorganize and liquidate the remaining operations and assets of Enron following one of the largest and most complex bankruptcies in U.S. history.

Latest News

Tittle/DOL Settlement Update

Latest Distribution Information
  • The election period for the Tittle/DOL settlement distributions ended on November 28, 2008. Valid election forms postmarked on or before November 28, 2008 are being processed and all corresponding distributions are expected to be released prior to December 31, 2008.
    • As previously communicated, an IRA account will be established for all eligible claimants who did not submit a valid election form by the November 28, 2008 deadline.  Additional information regarding the IRA accounts, including access to the deposited funds, will be communicated in the coming weeks once those accounts are in place.
    • If you owe an amount to the Enron Corp. Savings Plan, a repayment tracking form will be included with your packet. Click here for a form you may use to direct the reversal of overpayments from a personal IRA account.
    • The return address for repayment tracking forms is:
                 Enron Corp. Savings Plan
                 P. O. Box 550648
                 Houston, TX   77255-0648
    • If you do not have a recovery amount from this settlement and if you do not have an overpayment owed to the plan, you will not receive a mailing as there is no action required of you.
    • A Tittle Settlement Call Center is available for questions through December 12, 2008 at 1-866-490-4188.
  • Click here to learn more about the personalized packets that were mailed on May 6, 2008 to Enron Corp. Savings Plan claimants in the Tittle Action class action lawsuit.
  • Click here to view frequently asked questions about the Enron Corp. Savings Plan Tittle Settlement Fund Allocation.

Enron Creditors Recovery Corp. recently distributed more than $829 million to creditors, bringing the total amount recovered to date to $21.428 billion.

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ECRC Reaches Settlement with Citigroup in MegaClaims Litigation
Citigroup has agreed to pay $1.660 billion in cash to settle litigation and to waive and release additional claims reserved for billions of dollars; please click here to view the settlement agreement. ECRC now expects to be able to distribute $6 billion to ECRC's creditors in near term. Please click here to read the press release regarding the settlement. All relevant motions, including exhibits, along with the notice of the hearing, are available on here.

NOTE: The information contained on this site is a summary of information derived from the pleadings filed in the cases initiated by Enron Creditors Recovery Corp. and the reports of the Bankruptcy Examiner and is provided for information purposes only. Please refer to the complaints and other relevant documents for specific and complete information regarding Enron's ongoing litigation.

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