The Enron Watch III

According to an article in the Houston Chronicle, the federal judges overseeing Enron’s bankruptcy and securities class action suits have appointed a new mediator for the settlement negotiations. The judges previously gave the job to U.S. District Judge Kevin Duffy of the S.D.N.Y. Judge Duffy’s name was withdrawn, at his request, a week later. They did not go far to find Judge Duffy’s replacement — the new mediator will be Senior U.S. District Judge William Conner, also of the S.D.N.Y.