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IN RE ENRON CORP.

Bankruptcy No. 01-16034-AJG, Adversary No. 03-3522.

318 B.R. 655 (2004)

In re ENRON CORPORATION, et al., Debtors. Official Employment-Related Issues Committee of Enron Corp., et al., Plaintiff, v. John D. Arnold, et al., Defendants.

United States Bankruptcy Court, S.D. Texas, Houston Division.

November 23, 2004.

Attorney(s) appearing for the Case

Mark E. Maney, McClain, Leppert and Maney, Houston, TX, for plaintiff.

Cynthia Johnson Rerko, Holland O'Neil, Gardere, Wynne, Sewell, LLP, Dallas, TX, Mark A. Brandoff, Mark A. Brandoff, P.C., Jericho, NY, Thomas D. Goldberg, Day, Berry et al., Stanford, CT, Keith B. Middleton, Rucker Middleton LLP, Houston, TX, Michael T. Dawkins, Baker, Donelson et al., Jackson, MS, for defendants.

MEMORANDUM OPINION AND ORDER

STEVEN A. FELSENTHAL, Chief Judge.

On March 28, 2003, the Official Employment-Related Issues Committee of Enron Corporation (the "Employment Committee") filed this adversary proceeding seeking to recover pre-petition payments made to the defendants from a trust established by Enron North America ("Enron N.A."). The complaint alleges (1) that each payment was a voidable post-petition transfer under 11 U.S.C. §§...

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