Five years on and Enron still dominates the US legal landscape.
Recent commentary in the press has suggested that the problem with Enron lay not with revealing too little, but with revealing too much – a topic that has caused much debate among litigators.
This US Special Report lays out the ongoing legalities of the biggest corporate meltdown in history, describing the trials of Alliance Capital, one of the many financial institutions to have done business with Enron.
It also describes the continuing relevance of the US Sherman Act of 1890 to antitrust.
And just as the US’s approach to antitrust legislation has ramifications to companies doing business in Europe, so too does the EU’s approach to directives have an effect on the global supply chain, including US companies.