postbot/aeslc_kw huggingface dataset:
Subject: Enron / Tri-Met Legal Follow Up

Brian:  Thank you for meeting with myself and John Malowney today to discuss the opportunities for Enron and Tri-Met to work together.
As we discussed, in order for Enron to provide either physical or financial products as an Oregon Direct Access ESS provider, the EEI and ISDA contracts that we left with you today will need to be executed.
Please feel free to contact the following individuals in our legal department at Enron to discuss the documents in more detail.
Subject: EOL Consent and Amendment Example

Attached is the one I did for Mirant.
Remember to refer to the memo from Kim Theriot which I previously routed to everyone.
This draft includes the considerations of Francisco and Brent as well.
Note the isda paper/pulp provision was also added because the Mirant isda was old.
Subject: EOL template

Sorry.
I forgot that we went in and deleted the annex a short while ago to save some fax time and paper.
I have gone back and pulled a confirmation that was prepared on the EOL GTC when the annex was still attached.
Subject: Proposed language for section 8(b) "Binding Effect"

Sara,  Here is the language for "Binding Effect".
Please take a look and l= et me know if it gets you what you need.
I've attached the Assignment and = Assumption agreement for your review.=20 Regards,=20
Subject: "Sample" ISDA Master Agreement

Shane:  Attached for your further handling is our standard "sample" ISDA Master Agreement.
Please don't hesitate to contact either Sara (x35620) or me (x33907) with any questions or comments.
Marie
Subject: ISDA Master Agreement between Enron Corp. and First Union Nationa	l  Bank

First Union Securities, Inc.  Ms. Shackleton,  Attached find a revised draft ISDA Schedule, both a marked copy and a clean copy, for your review.
We just made a few changes to the draft ISDA Schedule to mirror the Schedule to the ISDA Master Agreement in place between First Union National Bank and Enron North America Corp.
Please note that we have added a Credit Support Annex as a Credit Support Document.
Could you please send a CSA Paragraph 13 in the form previously agreed in the Enron North America Corp. ISDA Master Agreement.
<<Schedule 7-20-01 vs. Ctpty draft Schedule.doc>> 	 <<Schedule 7-20-01.doc>>  Also, as the parties may enter into EITF-0019 compliant trades, we would like to duplicate the current ISDA once we've agreed on the terms, then delete the Set-off provision and Credit Support Annex from the ISDA and execute this pared down ISDA to cover 0019 trades only.
We believe it would be beneficial from a netting perspective to execute separate ISDAs to cover 0019 trades, on the one hand, and any other equity derivative trades which the parties may enter into, on the other hand.
Could you advise if this is satisfactory.
We look forward to hearing from you.
Thanks and regards,
Subject: updated Termination log

Note, this log is slightly different from Clara's file--it does not include the A/R and A/P items.
But, we will be updating that spreadsheet as well today.
I've gone through the Termination letters that I could find, and have updated the sheet accordingly.
Subject: EGM Organizational Post Petition Meeting

Gary Hickerson will be attending a Management Committee meeting on Friday, January 11 from 8:00 am to 2:00 pm, therefore, there will not be an EGM Organizational Post Petition Meeting on Friday.
The next meeting will be held on Monday, January 14 at 9:00 am CST in conference room ECN 30C1.
Please plan to attend or use the call in number shown below:
Subject: SEC 13f filing for ECT Investments Inc. as of 12/31/01, submission  due 2/14/02

Art,  Enclosed you will please find our SEC 13 Filing for ECT Investments, Inc. as of 12/31/01, due for submission on 2/14/02.
Please prepare for filing.
We are filing zero positions.
As soon as you get back to me I will approve for the 2/14/02 submission.
You may call me at 713-853-3210 if you have any questions.
Please send Bowne's bill to my attention at 1400 Smith Street, EB 3066d, Houston TX 70002-7361  Regards,
Subject: APEA Gas Prepay Transaction

Following up on my voice mail.
Chris Calger is looking for the underlying documentation for the swap between Enron Natural Gas Marketing Corp. and Chase entered into on April 9, 1999.
A similar swap was entered into between the American Public Energy Agency and Chase on the same date.
A transaction diagram for the transaction is attached for your reference.
Please call either Chris or me with any questions.
Thanks.
Subject: Florida Power & Light

I've learned that there is a netting agreement with FPL, on their form.
Only ENA signed it, although it attempts to include all commodities.
This netting agreement doesn't show up on the master netting list, so I thought I would mention it.
Kay
Subject: Mexico

Sara:  We have a situation in Mexico that we need to address fairly soon.
In a nutshell, we were negotiating a master with this counterpartty for a long time and at a certain point we (with credit approval) entered into a transaction and a day later we agreed on the final terms of the Master.
We sent them final execution copies in one day and Enron filed for bankruptcy 2 days later.
They never signed the docs and we never confirmed the transaction because we were waiting for the master.
They now do not want to send us an execution copy of the master because it provides for automatic early termination.
I will stop by your office to discuss.
I will be talking with this counterparty tomorrow to propose some solution but would like to have your views before talking to them.
WE are about US$1MM in the money with these people.
Thanks
Subject: LC's and Collateral

Debbie and/or Tanya: Could you please send me an updated list of LC's that we have posted and that have been posted to us.
Also, could you please send me a margin report that sets forth margin posted to and from our trading counterparties?
We will be beginning the process of responding to termination letters and this information will be helpful to us.
Thanks.
Subject: RMT Working Group - Financial Information Request

Greg and Georgeanne,  There is a working group reviewing whether and when RMT should file for bankruptcy protection.
Greg's group provided a November 30th trial balance for RMT, but we need a more "user friendly" and more recent (if possible) balance sheet and income statement for RMT.
As I'm not sure which one of you I should ask, given all the developments with the new trading company, I am sending this request to both of you.
Consequently, could you please have someone in your group send us this information?
Also, we need more information on ERMT, a company that was set up in November.
Is there someone in your group to get information on this company?
As always, I really appreciate your help.
Best regards,
Subject: Forest Products Trading Counterparties

Susan,  Sorry about the previous attempt.
This is the list of counterparties.
We need to know if we can disclose to third parties that we have traded with them and the volumes associated with the trades.
Thanks for your help.
Call me if you need clarification.
Thanks for your help,
Subject: Rate & Currency $45.6 million

Jim and Gary,   I would change the $64 million to $45.6 million for Rate & Currency.
The $45.6 is after consideration of the collateral posted for GSCM.
I have not included CIBS and J. Aaron which will require more time because it includes trading positions from several other Enron groups and significant collateral has been posted.
If you do want to include, I would list as 3.3 using a pro-rata spread of the collateral and list separately as harder to get.
We have other positive position where Enron is net negative or more collateral has been posted (e.g JPM).
The Broker Deposit number for Equity Trading should be removed.
We only have about 160,000 left to get back currently.
Sheila    $ in millions	Rate & Currency 					 	MTM and					 	Net A/R and A/P		Net			 						 Goldman Capital Makets	34.8	17.2  collateral; 50% attibuted to R&C; 50% to weather	26.3			 RBC	14.2		14.2			 SEB	4.2		4.2			 WLB	0.9		0.9			 Subtotal	54.1		45.6			 						 CIBC	2.0	collateral posted 9.9	Total Enron postion Est.
37.5			 J. Aaron	4.8	collateral posted 11.2	Total Enron postion Est.
17.9			 Subtotal	6.8					 						 Postive R&C total with Positive Enron Total	60.9
Subject: FMTM by counterparty as of 11/30/01

All,  Attached is the 11/30/01 file which is probably the best information we have.
I have screened it so that it only includes those counterparties with financial mark to market exposure.
Additionally, I screened out all Enron entities except for ENA, ECC, and EPMI.
While I cannot guaranty that the data is completely accurate, it should give you the starting point you need to proceed with processing/prioritizing financial terminations.
Obviously, the values will be different from what is specified here based on the Termination Date specified by each counterparty.
Thanks,
Subject: Visit

Sara - I am coming to Houston for a cousin's Bar Mitzvah on May 18th.
Can I stay at your house?
I can interview you then.
Sam
Subject: Financial Terminations

It is apparent after several conversations last week that we need to come to some agreement on the termination criteria for the financial contracts.
Can we all meet at 11:00 am on the 5th floor in ECS.
I will come back to you all with a room number.
Sara - will you please bring the most recent copy of your list of all counterparties and expected terminations.
Thanks,
Subject: ENE positions

I would like you to verify the open ENE positions.
Both Jeff Nogid and Steve Ross are gone and they did all the day to day handling.
I show the following are the only open ENE positions:   Counterparty		Deal #		Shares		Comments Warburg Dillon Read	1321176	205,000 	Phantom shares Credit Suisse		192749		400,000		Equity swap Credit Suisse		6180927	1,025,000	Forward Credit Suisse		6180929	1,672,000	Forward NBMS					6,400,000	Options    Jill
Subject: Exchange Cash

Here's the file showing which brokers owe us cash as of close of business 1/24/02.
Look at the "0124" tab and under the "Wire Day Cash In/Out" column.
The $95.6MM represents the amount each of these brokers owes to us (We owe HSBC $2,132).
Also, I sent figures to Steve Van Hooser and Mark Taylor on 12/5/01 for the exchange amounts that were due as of 11/30 and 12/4 for $58.4MM and $87.3MM respectively.
Currently all of our exchange positions are closed.
Thanks,
Subject: Renewal of LC's

I am trying to determine if there are any of the LC's expiring in January that we can request renewal for.
Veronica were you able to narrow down the list to ones that are non-terminated where Enron is still exposed?
Please call to discuss.
Regards,
Subject: ECT Investments Outstanding trades from Credit

Sara, These are the trades from Enron Credit done in the name of ECT Investments Inc.
They are all done with Deutsche Bank.
Sheila      BO Ref	Issuer	Company	Cparty	username_posmgr	Start	End	Ccy	Notional	fixed_rate	Closing USD PV	 253	Asia Pulp Paper	867	Deutsche Bank Ag	CORP\DLEE6	10-Apr-00	14-Mar-01	USD	-	20	-	 251	L-3 Communications	867	Deutsche Bank Ag	CORP\NSTEPHA	10-Mar-00	15-Mar-03	USD	3,000,000	4	(454,404)	 254	Rep Indonesia	867	Deutsche Bank Ag	CORP\DLEE6	15-Mar-00	1-Aug-06	USD	(5,000,000)	6	379,375	 883	Triplets	867	Deutsche Bank Ag	CORP\DLEE6	2-May-00	2-May-05	USD	5,000,000	6	(890,589)	 										(965,618)
Subject: ISDA Terminations

What are your thoughts on terminations of ISDAs that are really late?
for example, the new york times declared 1/25/02 as the termination date, citing the bankruptcy which was 12/2/01.
While newprint valuations may not have moved very much due to the low volatility, what about companies who have other products?
They can just be waiting until the marks are in their favor to terminate.
Is there any way to prevent and how are we handling, if at all?
Subject: San Diego Gas and Electric

The meeting is at 1:00 p.m. today.
Aaron, if you come to my office we will walk over to Sara's office and have the meeting there.
I have spoken to Francisco and got a good data dump from him - - there is no need for him to join us this afternoon.
I have the trader's name - - we should call him during our meeting.
In order to move forward we need three things:  		1.
The PwC valuation of the financial contracts; 		2.
A better understanding of the physical contracts and what happened; 		3.
A good data dump from the trader.
Once we have this information we should approach SDGE.
Let's aim at having "first contact" tomorrow morning.
Subject: REMINDER -- TIME CHANGE --EGM Organizational Post Petition Meeting

Please note the time change for the the EGM Org.
Post Petition meeting.
The meetings scheduled every Monday and Wednesday will now be held from 9:30-10:30 am CST in ECN 30C1.
The next meeting will be held Monday, February 4.
Please plan to attend or use the dial-in number shown below:
Subject: Goldman

Sara,  I reported the outcome of our meeting to Raj.
He requested that you circulate the proposed letter to Goldman prior to sending it.
In the meantime, he is trying to have the work completed to arrive at our number for the positions.
Paul
Subject: REMINDER -- EGM Organizational Post Petition Meeting

New time for tomorrow only!
REMINDER -- The EGM Org.
Post Petition Meeting will be held on Wednesday, February 6 at 9:00 am in conf.
room ECN 30C1.
Please plan to attend or use the dial-in number shown below:
Subject: ENA Wire instructions

Mary, Do you have an Enron North America Corp. bank account I can use for Goldman Sachs.
The hedge book is in a grouping of accounts under ENA.
In the past, we have wired to ECT Investments Inc.'s Citibank account but this is probably not a good idea at this time.
The amount is $985,614.39.
Please advise.
Sheila
Subject: Employees who missed their 401-K contribution on the January 15,  2002 paycheck

It has come to our attention that a group of employees missed their January 15th 401-K deduction.
This was due to an incorrect employment status being fed by ENRON's SAP system to our 401-K vendor which resulted in your contribution amounts being defaulted to zero.
Your 401-K contribution amounts were restored for the January 31, 2002 payroll.
If you would like to have your contribution for the January 15, 2002 pay date taken on the February 28, 2002 pay date please respond by February 14, 2002.
If we do not receive a response by February 14, 2002 we will assume that you have decided not to have a make up 401-K contribution for the one missed on January 15, 2002.
We are trying to be sensitive to the possible hardship a double deduction could have on your personal financial situation.
If you are not contributing the maximum percentage you could make an adjustment to your contribution percentage going forward to accomodate the missed January 15, 2002 contribution.
As always we encourage all employees to review your investment elections to ensure they are consistent with your investment goals.
Subject: Ernst & Young Request

Sara,  Scott Underberg said he would prefer to wait until we're sure that the information is complete and correct.
Could you give me a guesstimate as to when we might have this?
Thank you,
Subject: Time exceptions for period from Feb 1st thru Feb 15th--PLEASE EMAIL  SUZANNE ADAMS

PLEASE EMAIL YOUR TIME EXCEPTIONS TO SUZANNE ADAMS FOR THE ABOVE-REFERENCED TIME PERIOD.
SHE WILL BE TAKING CARE OF THEM--YOU HAVE CHANGED COST CENTERS--YOU ARE NOW IN COST CENTER 105654.
SINCE SHE WILL HAVE QUITE A FEW THIS TIME, PLEASE GET THEM TO HER AS SOON AS YOU CAN.
Subject: ABN/AMRO

Sara,  Have you been able to get any information on the corporate ownership of EFET.
ABN/AMRO requries this information to make decisions on the disposition of their trades with us.
Ideally, they would like a corporate org.
chart and balance sheet.
I am also going to contact Ted Murphy and Eric Shaw.
Thank you
Subject: London Master Log

Sara,  I have prepared the 3 individual Master Logs for the relevant Enron affiliates managed out of the London office (ECTRIC, Enron Credit & EFET).
You said you would help me craft my email message to Ted & Mary Nell, so I have attached my proposed message.
I look forward to your response and the revised message.
Subject: Your questions

Sara,   1) You can contribute a max.
of 11K to your 401(k) in 2002.
2) Accruals to the cash balance plan is made monthly.
Has Khymberly Booth contacted you?
If not, you can call her at 5-2532.
Thanks,
Subject: Gas Financial Contracts - Process, Priorities

When: Wednesday, February 13, 2002 1:00 PM-2:00 PM (GMT-06:00) Central Time (US & Canada).
Where: TBD  *~*~*~*~*~*~*~*~*~*  This is to discuss process and set priorities w/ regard to financial contracts.
Sara and Alan: please include your support staff working on gas financial contracts.
Thanks
Subject: Updated: Gas Financial Contracts - Process, Priorities

When: Wednesday, February 13, 2002 1:00 PM-2:00 PM (GMT-06:00) Central Time (US & Canada).
Where: 38C1  *~*~*~*~*~*~*~*~*~*  This is to discuss process and set priorities w/ regard to financial contracts.
Sara and Alan: please include your support staff working on gas financial contracts.
Thanks
Subject: review of confirmations

Mark Quaglia, an associate in the capital markets group from New York, will be flying here either tonight or first thing in the morning to review confirmations.
He is planning to stay overnight on Thursday.
Will there be a checklist for him to use in gathering information from the documents, or should we meet to develop something?
Subject: Terminated

As we build the matrix of data discussed yesterday in our meeting we are encountering some missing data.
Below is a list of counterparties which are listed as terminated (in at least one of the various lists of counterparties we have) but which don't have termination dates.
BP Corporation North America Inc.	 ConAgra Trade Group, Inc.	 Deutsche Bank AG New York Branch	 Hallwood Energy Corporation	 IGI Resources, Inc.	 NJR Energy Corp.	  Can you please reply with termination dates for these counterparties.
Let me know if you need additional information.
Thanks
Subject: REMINDER --EGM Org Post Petition Meeting

This note is to confirm that Gary Hickerson has requested your attendance at the EGM Organizational Post Petition meeting on Wednesday, February 20 from 9:00 a.m. to 9:30 am in ECN 30C1.
Following the meeting the EGM Asset Disposition meeting will take place from 9:30 a.m. to 10:30 a.m. in ECN 30C1.
Please plan to attend or use the dial-in number shown below:
Subject: (nms-60)NYMEX HOLDINGS, INC. CANDIDATES' FORUM

Notice No:  02-60 February 20, 2002    NYMEX HOLDINGS, INC.
CANDIDATES' FORUM     Please be advised that a NYMEX Holdings, Inc. candidates' member forum is scheduled to be held on THURSDAY, MARCH 7, 2002 at 3:00 p.m. on the 10th Floor of the Exchange, One North End Avenue, New York City.
At that time, each candidate will be given the opportunity to address the membership regarding the 2002 Annual Elections scheduled to be held on Tuesday, March 19, 2002.
Subject: $1.5 Check

Joe,  I faxed the Cleary, Gottlieb letter to you.
Please forward the Enron North America Corp. check to Laurel Adams, ECS 04487.
Many thanks for all your assistance.
Sheila
Subject: EGM/Enron Re

Alan,  There is an outstanding $4m receivable due from Enron Re to ENA and various premiums in a lesser amount due from ENA to Enron Re (in relation to cover for the AIG puts).
The EGM people are talking about offsetting one against the other.
The rationale behind this "internal" settlement is not obvious to me but I am likely not in possession of all the facts.
Do you know anything about this?
How do you propose we handle?
Thanks in advance.
DEC
Subject: Demand Letters - All Commodities?

Ed made the point that we need to make sure we have picked up all commodities associated with the contracts we send demand letter for.
I'll talk to Angelo to see if he picked up all commodities.
If not we may need to slow down (unfortunately) in order to sweep the landscape for other commodity unpaid invoices (besides gas).
See you in the morning.
Subject: CP changes and new values

Pat,  Please move the following counterparties from the terminated book to the live book.
These are for financial transactions only.
Hess Energy Services Company, LLC FLORIDAPOWCOR	Florida Power Corp MARATHON		Marothon Oil Company COLUMBIA ENERGY	Columbia Energy Services Corporation	 ALABAMAGASCOR	Alabama Gas Corporation LAMINADODEBAR	Laminados de Barro, S.A. de C.V   Please move the following from Live to Terminated-Financial only.
Hess Energy Trading   Issues: SUNCORENE 	Suncor Energy Inc. is listed in the Live ENA book....but this counterparty has agreement with Enron Canada.
Tagg indicates that all its financial deals are listed with ECC.
This CP should be terminated for ECC, but it should never have been included in ENA's books?
I am not quite sure where the mix up is...can you help resolve?
The Consumers Gas Company - It looks like this CP does not have agreement with ENA, but does have one with Canada.
ECC financial transactions have been terminated.
Can we verify if any financial deals were done under this CP for ENA?
Consumers Gas Company LTD., The should be moved from Terminated to Live...until this issue is resolved.
Once these changes have been made, can you please provide updated book values for the terminated and non terminated books.
Thanks
Subject: Great Lakes Chemical Corp.

Steph:  FYI, I had a conversation with Estella Chu (sp?)
of GLCC this morning.
She wanted a monthly MTM report (which apparently Craig Breaslow's (sp?)
group used to provide) and also wanted information about terminating the contract.
I instructed her to fax to you and write-in to the contract notification address her issues, including her request to terminate.
She also asked for your phone number, which I provided, so you may be getting a call from her (or may already have received a call from her).
Subject: EGM Liquids Non-Terminated (Financial)

Sara,  As per your request, attached is the list of all non-terminated financial liquids trades provided to us by Commercial.
I have compared this list against the report that Samantha Boyd provided to me earlier re "In and Out of the Money Positions as of 11/30/01".
Out of the 51 trades, only 2 are not listed in the report, 5 fall in the "out of the money" category, and the other 44 fall in the "in the money" category.
We have set up files for all 51 trades, and review of the top 10 has been completed by Weezie.
Please let us know if you have any questions regarding the attached report.
Regards,
Subject: Demand Letters

Working w/ Sara Shackleton we have prepared demand letters for all ITM live financial book counterparites who are also in default on invoice payment.
In total there are about 45.
The objective is to either collect the cash or move the counterparty into terminated status.
Our plan is to begin sending letters today.
Ed McMichael asked me this morning to notify you of this action.
Do you have any issues with our plan?
(I cannot imagine the Creditor's Comm.
or E&Y would not want this to occur.)
Call if you have questions.
Subject: Revised Termination Letter

Sara,  Is it possible to get a soft copy of the revised termination letter we discussed a couple of days ago?
We would like to see the paragraph referencing how the counterparty arrived to the calculated amount and the request for supporting list of transactions.
Thanks.
Subject: D/F CP's missing from Gas

Sara,  We have reviewed the list of D/F parties missing from the gas open position that was provided to Louis.
All of the CP's were identified in our books as in the money or out of the money transactions except the following:  Eugene Water & Electric	Power only-not in Tagg General Electric Company	No Gas, Unleaded Fuel HQ Energy Services		Power only-not in Tagg International Paper Company	Does not show up in Credit Agg-No exposure?
Solitair Corporation		Does not show up in Credit Agg-No exposure?
Small Ventures USA		Gas-No exposure-Credit Agg and Tagg indicate Swaption has expired The Kroger Co.
Does not show up in Credit Agg-No exposure?
Tom Brown Inc			Does not show up in Credit Agg-No exposure?
TransAlta Energy		Power-not in Tagg Wells Fargo Bank		Does not show up in Credit Agg-No exposure?
Wexford Spectrum		Does not show up in Credit Agg-No exposure?
Maria Garza x37019