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Enron and the Use and Abuse of Special Purpose Entities in Corporate Structures

Steven L. Schwarcz

70 University of Cincinnati Law Review (2002 Symposium Issue on "Corporate Reorganization and Bankruptcy in the New Millennium")

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ABSTRACT:

This essay examines the generic structures of the special purpose entity (SPE) abuses in Enron and compares them to more widespread uses of SPE-structures in finance.

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