|
|
Enron Mail |
US Legal would have no problem doing business with a Connecticut limited
liability company (subject, of course, to Credit approval). There are some legal considerations with respect to certain products. In order to trade any financial products the counterparty would have to meet the U.S. "eligible swap participant" standards (which sets certain asset and net worth levels) and to trade U.S. power they would need to have a FERC license. Otherwise, we have no problem with limited liability companies. Stephanie Sever 11/08/2000 08:52 AM To: Tana Jones/HOU/ECT@ECT cc: Anna Gardiner/LON/ECT@ECT, Claudia Clark/HOU/ECT@ECT Subject: Re: EnronOnline ---------------------- Forwarded by Stephanie Sever/HOU/ECT on 11/08/2000 08:47 AM --------------------------- Anna Gardiner 11/08/2000 07:06 AM To: Claudia Clark/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT cc: Subject: Re: EnronOnline Claudia/Stephanie Please could you let me know who would be the best person in Houston Legal to contact about this customer. Thanks Anna ---------------------- Forwarded by Anna Gardiner/LON/ECT on 08/11/2000 13:09 --------------------------- Robert Quick 08/11/2000 11:58 To: Anna Gardiner/LON/ECT@ECT cc: Subject: Re: EnronOnline Anna I have no problem but cd you also check with ENA Legal in Houston. Subject to anything they might say, I approve for all products,including metals (but subject to the Segregation letter) except US power, weather and credit. tks Anna Gardiner 07/11/2000 14:31 To: Robert Quick/LON/ECT@ECT cc: Justin Boyd/LON/ECT@ECT, Enron London - EOL Product Control Group/LON/ECT@ECT, Andy James/EU/Enron@Enron Subject: EnronOnline Robert In Justin's absence, please could you let me know if we would be able to consider an application from a Limited Liability Company organized under the laws of the State of Connecticut, USA? If possible, could you provide me with an answer on this today or latest tomorrow as this customer is coming in to the office on Thursday? The history behind this customer is that the original company that Mr Papaeconomou wanted to trade under (NEWCO) was incorporated in Liberia. As we do not have the relevant documentation to support trading from Liberia we rejected his application. This would be a good customer for Andy James (Seafreight) to get online and Mr Papaeconomou is obviously very keen to obtain execute access as soon as possible through a viable company. Thanks Anna ---------------------- Forwarded by Anna Gardiner/LON/ECT on 07/11/2000 14:27 --------------------------- "Lambros Papaeconomou" <papaeconomou@nyfex.com< on 07/11/2000 01:01:45 To: "Anna Gardiner" <anna.gardiner@enron.com< cc: Subject: EnronOnline Dear Mrs. Gardiner, Thank you very much for your message dated November 6, 2000. Given the present legal constraints concerning companies incorporated in Liberia, would EnronOnline consider an application by a Limited Liability Company organized under the laws of the State of Connecticut? If yes would you please provide the relevant documentation for such entity? I am looking forward to hearing from you. Best Regards, Lambros Papaeconomou, Director New York Freight Exchange, Inc. Tel: (203) 961-8848 Fax: (203) 961-8858 papaeconomou@nyfex.com PS. I will be in London on Thursday November 9 and have an appointment to meet with Andy James of Enron Shipping at 3PM. Should you be available before or after my appointment, I would very much appreciate to meet you in person and further discuss the requirements for opening a trading account with EnronOnline (beyond the company jurisdiction requirement which I hope would now be solved!)
|