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Enron Mail |
Per my conversation with Nicor Gas Company's attorney, Northern Illinois Gas
Company changed its name to Nicor Gas Company. Therefore, Nicor Gas Company is the only entity that all the deals needs to be booked under. However, the attorney also agreed to the fact that they do use the name "Northern Illinois Gas Company d/b/a Nicor Gas Company" eversince the name change happened. He said they had been using both names "contractually" and interchangeably even though it is all just ONE company, one state registered company. I'm currently waiting on name change documents, however this is what it looks like thats going to happen: The main HQ company would end up being NICOR GAS COMPANY with all the trades/contracts/deals being merged into one record. However, if need be we could have a Tradename set up as "Northern Illinois Gas Company d/b/a Nicor Gas Company" since this is how the company does business as, in some cases. Nicor's legal Dept could be reached at (630) 983-8676 for any further clarifications in this matter. Adnan Patel Global Counterparty x58335 From: Tana Jones@ECT on 08/17/2000 03:47 PM To: Stacy E Dickson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT cc: Frank L Davis/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON Subject: Northern Illinois Gas Company/Nicor Gas Company There appears to be confusion over who and what products we should be trading with these entities. We have an ISDA Master Agreement in place with Northern Illinois Gas Company d/b/a Nicor Gas Company. This is a new master. If the counterparty is not set up this way it need to be. Physical gas has a master in place with Northern Illinois Gas Company. There is no master agreement in place with Nicor Gas Company and the only trading being done with this entity is online gas trading. The issue that needs to be resolved is whether we want to trade gas under both Northern Illinois Gas Company and Nicor Gas Company. Frank Davis will resolve this issue with Tom Moran in Credit and Stacy Dickson with physical gas Legal, and they will let us know who we should be trading with. When we hear back from them we can finally resolve what counterparty names we want to set up and get back to the counterparty if we have not received the correct Password Application to match out intended trading partners. Sorry for all the confusion this is causing. I am confused too.
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