In Re Presto
United States Bankruptcy Court, S.D. Texas
1Opinion of the Court
MEMORANDUM OPINION ON OFFICIAL EMPLOYMENT-RELATED ISSUES COMMITTEE OF ENRON CORP.’S OBJECTIONS TO DEBTOR’S CLAIM OF THE HOMESTEAD EXEMPTION
JEFF BOHM, Bankruptcy Judge.
I. Introduction
Kevin Presto (the Debtor) was a vice-president at Enron North America Corporation prior to the monumental collapse and eventual bankruptcy of its parent company, Enron Corporation (Enron). 1 Sev eral weeks before Enron filed its Chapter 11 case, the Debtor was among a number of Enron insiders who received lucrative bonus payments. 2 The Debtor’s bonus was $2 million.
On December 2, 2001, Enron filed its Chapter 11…
2Cases cited60 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Butner v. United StatesSupreme Court of the United States · 1979
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Leocal v. AshcroftSupreme Court of the United States · 2004
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- Kim v. Kim (In Re Kim)United States Bankruptcy Court, N.D. Texas · 2009
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