Jenner & Block Retained by North Carolina Utilities Commission in Duke Energy Investigation

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Aug 01, 2012, 04:29 ET

CHICAGO, Aug. 1, 2012 /PRNewswire/ -- Jenner & Block and Partner Anton R. Valukas have been retained as outside counsel by the North Carolina Utilities Commission to assist in its investigation of whether the Commission was misled regarding the approval and closing of the business combination of Duke Energy Corporation and Progress Energy, Inc. The Commission initially held hearings to receive the testimony of James E. Rogers, William D. Johnson and four members of Duke's board of directors. The Commission has also requested the production of certain documents related to its investigation.

Mr. Valukas served as the court-appointed Examiner in the Lehman Brothers Holdings bankruptcy, reportedly the largest bankruptcy in U.S. history. He and a team of Jenner & Block attorneys representing Mr. Valukas, as Examiner, produced a 2,200-page account of the factors leading to the banking giant's collapse, an event many commentators point to as triggering the economic crisis of 2008.

About Jenner & Block

Jenner & Block (www.jenner.com) is a national law firm with approximately 450 attorneys and offices in Chicago, Los Angeles, New York and Washington, DC. Founded in 1914, Jenner & Block is known for both its successful litigation practice and sophisticated transactional work.

SOURCE Jenner & Block LLP