The Enron bankruptcy has erupted into a signage controversy over Houston's Enron Field as the name is associated with everything from the Houston Astros' baseball stadium down to the scoreboard, tickets, cups, napkins and plates.
Citing bad publicity generated by the company's biggest-ever bankruptcy filing, the Houston Astros asked U.S. Bankruptcy Court to decide whether to take Enron Corp.'s name off its ballpark.
In 2000, Enron agreed to pay the Astros an average of $3.3 million a year for 30 years for naming rights. Enron is paid up until August 31 when $3.65 million is due. To date, Enron has made three annual payments totaling $10.3 million.
The energy company has no plans to budge, claiming the signage is an asset.
Springer New Executive Director of Cerritos Center
Dr Craig Springer has been appointed executive director of the Cerritos Center for the Performing Arts in California. Previously, he was the assistant dean of cultural arts and activities for USC, and he will be responsible for programming as well as daily management and operations.