SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934
Date of Report (Date of earliest event reported)
August 30, 1994
NORAM ENERGY CORP.
(Exact name of Registrant as specified in its charter)
Delaware 1-3751 72-0120530
(State or other (Commission (IRS Employer
jurisdiction File Number) Identification No.)
of incorporation)
NorAm Energy Corp.
1600 Smith
Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
(713) 654-5699
(Registrant's telephone number, including area code)
Page 1 of 3 Pages<PAGE>
Item 5. Other Events
NorAm Energy Corp. hereby incorporates by reference herein
its press release issued on August 30, 1994 and attached hereto
as Exhibit 99.
Item 7. Financial Statement, Pro Forma Financial Information
and Exhibits
(a) Financial Statements -- None.
(b) Pro Forma Financial Information -- None.
(c) Exhibits -- EX-99.
Page 2 of 3 Pages<PAGE>
Signature
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report on Form 8-K
to be signed on its behalf by the undersigned hereunto duly
authorized.
NORAM ENERGY CORP.
By: Michael B. Bracy
Name: Michael B. Bracy
Title: Executive Vice President
& Principal Financial
Officer
Date: September 15, 1994
Page 3 of 3 Pages<PAGE>
EXHIBIT 99
For more information, contact:
W. Randall Fowler, NorAm Energy Corp.
(713) 654-7502
Claims Against NorAm Energy Dismissed in RTC Litigation
Houston TX -- August 30, 1994 -- NorAm Energy Corp. learned
today that Federal Judge David Hittner has dismissed all causes
of action against NorAm Energy and its Entex division in the
litigation brought by the Resolution Trust Corporation against
NorAm Energy, Entex and various individual defendants in
connection with the 1989 receivership of University Savings
Association. The Court permitted the RTC to pursue causes of
action against the individual defendants, who are former
directors of University Savings, if the RTC can demonstrate gross
negligence, or an entire or total want of care, or total
abdication of directorial duties.
Judge Hittner did not grant the RTC the right to replead any
of its causes of action. NorAm Energy does not know if the RTC
plans to appeal the Judge's orders.
University Savings, formerly a wholly owned subsidiary of
Entex, was sold by Entex to University's management in a
transaction approved by the Federal Home Loan Bank Board in 1987.
Entex and NorAm Energy merged in 1988.
NorAm Energy Corp., formerly Arkla, Inc., is the nation's<PAGE>
third largest natural gas utility serving 2.7 million customers
through its Entex, Arkla and Minnegasco operating divisions.
NorAm Energy is also a major natural gas pipeline and energy
marketer providing supply, gathering, storage and transportation
services.
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