Giant California utility files for Chapter 11

Article Abstract:

San Francisco, Calif.-based Pacific Gas and Electric Co., which is owned by PG&E Corp., has filed for Chapter 11 bankruptcy protection. Pacific Gas and Electric, which serves 13 million customers in California, is the largest utility in the state ahead of Southern California Edison Co.

Organizational history, Management, PCG, Pacific Gas and Electric Co., Southern California Edison Co.

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Roots run deep between Enron and CIBC

Article Abstract:

Canadian Imperial Bank of Commerce?s brokerage unit in London, England played a key role in the early 1990s to provide financing a power plant planned by Teesside Power Ltd. But the deal tied CIBC to Enron Corp., which was the controlling shareholder in Teesside Power.

United Kingdom, Financial management, Banking industry, Company legal issue, Company investment, Investments, Investigations, Gas transmission industry, Enron Corp., Canadian Imperial Bank of Commerce, ENE, Company financing, Teesside Power Ltd.

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Enron Canada loses court bid

Article Abstract:

Enron Canada lost a court bid to force its clients to continue to do business with it. Mr. Justice D.G. Hart could not "justify" the contract request.

Enron Canada Corp.

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