i-law

Liability Risk and Insurance

Enron reform

The US Government has passed the first financial reform triggered by the Enron collapse. Accountants were formerly self-policing, but now face a new body to give oversight to corporate accountants along with a system to speed disclosure of executive and insider share sales. And now the Andersen trial is out of the way (bar the shouting) actions, regulatory and from creditors, investors and employees, against Enron can burgeon.

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