|
|
Enron Mail |
Jim and Rob:
I hope you are both well and was really pleased to see that last week's merger negotiations reached a successful outcome.This must have required an incredible effort in the timescale and given everything else that is going on.I very much hope this will allow you to enjoy a more stable period after the events of the last few weeks.You both have many friends at Linklaters and we are all pulling for you at this time. I also thought you may like to have a brief overview of the main areas in which we are assisting at the moment.These are as follows: 1Merger:We are working with Robert Eickenroht on the UK/European anti-trust aspects.This kicked off with a conference call today.Greatly appreciate the instructions, Jim. 2Dabhol:We are continuing our role on Dabhol which is now primarily focused on the litigation side and a major commitment for a 2 partner team-Chris Walker is ,I believe, in Houston tomorrow to meet with Bruce Lundstrum and others.Input from the projects side continues (principally in relation to Sch 11,PPA) but is not likely to be extensive over the next month or so given the current emphasis in India. 3Enron Europe:We are in close contact with Mark and have a number of ongoing / new matters.In particular, we have a dedicated team advising Europe on its position and contingency planning for current circumstances-this team has been liaising with Mark Haedicke and the Weil Gotchal team.We are also assisting on some potential disposals in non core business areas.Our London secondee remains in place. 4Other:We have a number of ongoing matters ranging from SEDCO litigation through a bid for LNG purchases from Nigeria LNG.Given the understandable emphasis on cost control at this time, it may be that we should review these matters to determine whether you feel it appropriate to scale back legal spend in some areas? On the question of payment,we have invoices totalling more than ?5 million outstanding and this level of commitment ,of course, continues to grow in the light of our ongoing work.As mentioned on Friday, we do need to reduce this to a more manageable level ( we are currently speaking with Mark and Bruce, in particular, to find a way of achieving this) and your continuing support in this effort would be greatly appreciated. We really want to do all we can,at both a personal and professional level, to support Enron at this time-I am particularly conscious of the support and friendship you have given to me over the years.If there is anything else we can do, please do call me at any time.For convenience my nos. are: W:44 207 456 5912 M:44 7733 124030 H:44 1959 533292 Best Wishes Stuart ____________________________________________________________ This message is confidential. It may also be privileged or otherwise protected by work product immunity or other legal rules. If you have received it by mistake please let us know by reply and then delete it from your system; you should not copy the message or disclose its contents to anyone. ____________________________________________________________
|