The documents include certain financial statements and information about Enron’s complex, off-balance-sheet deals, which disguised the company’s debt levels.
This information will be reviewed for use in about a dozen cases against Enron brought by company employees. These lawsuits, which have been consolidated in a Houston district court, allege pension-plan violations by Enron and its executives.
The judge said that providing those documents wouldn’t significantly interfere with the company’s reorganization efforts – since the information already has been gathered and sorted for other parties. The judge barred further discovery in the case until June 21 — when the workers’ litigation against Enron can continue.
A separate motion by Enron’s 401(k) holders to cash in on the company’s $85 million fiduciary insurance policy is expected to be heard by the court next week. Enron is hoping to get a $10 million advance on that policy to pay executives’ legal fees, according to a Reuters report.