Offshore firms seek $452 m from Enron advisers
Firms in the Bahamas, Bermuda, the Cayman Islands and Delaware have filed an Enron-related civil lawsuit against JP Morgan and Citigroup in which they are seeking damages of $452 million.That is the amount they lost from loans they issued to Enron after being duped into believing that the Texas-based energy firm was solvent, according to a complaint that was filed at the U. S. District Court for the Southern District of Texas on August 26, 2005.