Where Were the Guardians: Lessons for In House Counsel from the Enron Collapse

About this Event

Due to the high attendance at the ACC Memphis Membership Meeting in February, ACC TN and Butler Snow decided to present this updated program to the entire state! You can receive up to 1.5 dual CLE credit for Tennessee and Mississippi.*

The Enron collapse and bankruptcy was unprecedented in its size and scope. Phil Sisneros, who worked at—and left—Enron before its collapse, will walk us through a straightforward explanation of what happened and why. He will also discuss the contribution of the culture of the company and its role in the Enron failure. More importantly, Prof. Sisneros will cover how today’s In house counsel can guard against similar situations.

*Georgia CLE credit is pending.

Phil taught finance as an Assistant Professor at Lehigh University and the University of Houston from 1987 - 1995, focusing on Corporate Finance and Investment courses at the undergraduate and MBA levels. He has published research in referred finance journals and in 1985 coauthored Financial Management with Lotus 1-2-3.

Phil joined the Treasury group at Enron Corp. in 1995 and in 1999 moved to Enron Broadband. At Enron Broadband, Phil was involved with the firm’s business development activities.

After leaving Enron Broadband in 2000, Phil did some consulting with technology and communication companies and then joined AT&T Wireless as an Assistant Treasurer in 2001. In 2006, Phil joined International Paper as an Assistant Treasurer.

Phil’s professional activities include the negotiation of multi-billion dollar funding transactions in the bank and capital markets, structured finance transactions, interest rate hedging, and involvement in acquisition and divestitures activity.

Phil earned his undergraduate finance degree from the University of New Mexico and finance Ph.D. from Texas Tech University.