Enron Mail

Date:Fri, 1 Dec 2000 09:42:00 -0800 (PST)

John, I think Stan would be fine. Please call Vince Buckley at Locke Liddell
with the request to involve Stan. Jim

From: John West on 12/01/2000 05:26 PM
To: James Derrick/Corp/Enron@ENRON
cc: Susan Bulgawicz/EPSC/HOU/ECT@ECT


Jim, Corporate Aviation has been intructed by the Office
of the Chairman to sell three of its aircraft. At least one sales will occur
in the 4th quarter of 2000. Any sale not completed in the 4th quarter will
probably close in the 1st or 2nd quarter of 2001. The aircraft to be sold
are currently in structured finance transactions that will need to be
unwound. It is my understanding that Stan Pieringer of Locke Liddell & Sapp
helped put together two of the three transactions that need to be unwound and
is otherwise familiar with structures of this nature. In order to
accomplish the unwinding of the transactions, I believe it is appropriate to
engage outside counsel. Given Stan Pieringer's faimiliarty with the type of
structures to be unwound, I recommend engaging him and his firm for the
project. Please advise if engaging Stan Pieringer and Locke Liddell is