Pat: I am a financial trading attorney with Enron North America Corp. ("ENA") in the Houston office. Christian Yoder gave me your name and suggested that we speak regarding the EWEB transaction. I will be negotiating the ISDA Master Agreement with EWEB, probably with Jmi Deason directly. ENA requires that governmentals provide specific evidence of authority to enter into derivative instruments (including certified resolutions specifically authorizing execution of the master agreement and all transactions thereunder, legal opinion and additional reps/warranties). I was curious as to the specific documentation you had reviewed from EWEB. It sounded from your email which Christian forwarded to me, that you were reviewing evidence of authority to enter into physical transactions. I would like to speak with you directly, if possible. I am in a Central time zone and my direct line is (713) 853-5620. I look forward to speaking with you. Thanks. Sara
Q: What is a potential subject line for this email?
answer: EWEB
Brett, since Enron owns NEPCO - true risk transfer under a fixed price contract is difficult. However, I do like the behaviour that you get from such accountability (ie) high incentive to get done on time and on budget. My experience with NEPCO on cost plus has been very unfavourable (don't like #1). I will be supportive of any structure that aligns our interests appropriately. You might want to bounce a few ideas off Dan. I have already given him a heads up on the value at stake if we can come in at the low end of the scale and early. Drop me a note on where you end up. Regards
Q: What is a potential subject line for this email?
answer: EPC for Eletrobolt
Mark, I'm mailing you some newspaper clippings from the Houston Chronicle. We spent the night in Houston Saturday night. We went to Chad Denman's wedding there in the Woodlands. Dad
Q: What is a potential subject line for this email?
answer: Mail
I'm thinking my last email was unclear. I assume that someone from the commercial team will send (or has sent) the extension letter to MDEA, YC, and Clarksdale's commercial reps for their review. I assume that the commercial reps with YC, MDEA, and Clarksdale will get whatever legal input they want from their own lawyers if they think it is necessary (may not), but as a courtesy, I sent drafts to the two lawyers I know about. Kay
Q: What is a potential subject line for this email?
answer:
Clarification