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DATA RETENTION POLICIES AFTER ENRON: DAMNED IF YOU DO, DAMNED IF YOU DON’T? A LOOK AT DATA RETENTION POLICIES IN THE AFTERMATH OF ENRON

✍ Scribed by Rowan Middleton; Herbert Smith


Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
95 KB
Volume
18
Category
Article
ISSN
0267-3649

No coin nor oath required. For personal study only.

✦ Synopsis


Data Retention Policies After Enron

"…an unparalleled initiative was undertaken to shred physical documentation and delete computer files….. A systematic effort was also undertaken and carried out to purge the computer hard-drives and email system of Enron-related files". 1 This was the claim made by the Department of Justice against the bankrupt energy company, Enron's auditor, Arthur Andersen, LLP. Andersen hotly contested this and the other allegations made against it, claiming that the indictment was "wholly unsupported by the facts". 2 The jury disagreed and on 15 June 2002, found it guilty of obstructing the course of justice. This article explores the impact of the case on data retention policies under UK law.