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Enron Mail |
I am confused. Perhaps we can all get on a call and talk to determine how we
can best coordinate the various matters. My experience is that often the confirm and annex issues relate and need to be coordinated together if the counterparty has comments. Per your note I will continue to do the Powerex deal for now. By copy to Taffy I request that you set up a conference call with Greg, Tana, Mark and myself as soon as our schedules all permit. Thanks. Mary Enron North America Corp. Mary Cook 1400 Smith, 38th Floor, Legal Houston, Texas 77002-7361 (713) 345-7732 (phone) (713) 646-3490 (fax) mary.cook@enron.com Greg Johnston 11/10/2000 11:52 AM To: Mary Cook/HOU/ECT@ECT cc: Mark Taylor/HOU/ECT@ECT Subject: Re: Processes No, I do not think so. I think we might have a misunderstanding on the separation of roles between ECC and ENA. ECC legal will do the legal work in assisting the Calgary confirm desk in preparing the actual confirms, amendments, terminations, etc. However, ENA legal will continue to handle all legal matters or inquiries with respect to the negotiation and interpretation of the contracts surrounding the confirms which, I assume, would include the negotiation and interpretation of matters such as the financial GTC forms. Therefore, I would suspect that the negotiation of the terms of the GTC between ECC and PowerEX, for example, would still be handled by ENA. Also, as a result, I would suspect that the guarantees would also be coordinated with Clement through ENA. Perhaps Mark Taylor can clarify on these points. Cheers Greg MARY COOK 11/10/2000 10:40 AM To: Greg Johnston/CAL/ECT@ECT cc: Tana Jones/HOU/ECT@ECT Subject: Processes Will you be coordinating with Enron Corp. Clement Abrams regarding Guaranties relating to the Canada confirms as well? Enron North America Corp. Mary Cook 1400 Smith, 38th Floor, Legal Houston, Texas 77002-7361 (713) 345-7732 (phone) (713) 646-3490 (fax) mary.cook@enron.com
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