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OK sought for Enron payouts

In Brief | LIQUIDATIONS

July 28, 2007|From Times Wire Services

Lawyers who recovered about $7.2 billion in settlements for Enron Corp. investors hurt by the energy trader's collapse are slated to get about $700 million in fees under a plan to distribute the money.

Officials of the University of California Regents, the lead plaintiffs in the securities-fraud case, said they would ask a judge in Houston to approve the plan so they could begin paying out funds from settlements with Enron's former lenders.


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