Enron Mail

From:richard.sanders@enron.com
To:twanda.sweet@enron.com
Subject:Re: Close out of contracts
Cc:
Bcc:
Date:Thu, 19 Apr 2001 05:55:00 -0700 (PDT)

Please set up a call for tom.morning.
----- Forwarded by Richard B Sanders/HOU/ECT on 04/19/2001 12:54 PM -----

Richard B Sanders
04/19/2001 12:54 PM

To: "JAMES HUEMOELLER" <JLHUEMOE@LLGM.COM<@ENRON
cc: "CARL A. EKLUND" <CEKLUND@LLGM.COM<, "Elizabeth Sager"
<elizabeth.sager@enron.com<, "JOHN KLAUBERG"
<JKLAUBER.NYC2.HEADQUARTERS#032#NEW#032#YORK@LLGM.COM<,
richard.b.sanders@enron.com, travis.mccullough@enron.com, William S
Bradford/Enron@EnronXGate, Michael Tribolet/ENRON@enronXgate
Subject: Re: Close out of contracts

I have asked my asst, Twanda Sweet, to set up a conf. call on this for
Friday. Jim is right--we need to be prepared for anything. Bill- I heard
today that PG&E has sent us a letter or otherwise communicated to us that
they are looking for a letter from us on valuation and are going to challenge
our setoffs. Any news?



"JAMES HUEMOELLER" <JLHUEMOE@LLGM.COM<
04/17/2001 03:00 PM

To: "Elizabeth Sager" <elizabeth.sager@enron.com<,
richard.b.sanders@enron.com, travis.mccullough@enron.com
cc: "CARL A. EKLUND" <CEKLUND@LLGM.COM<, "JOHN KLAUBERG"
<JKLAUBER.NYC2.HEADQUARTERS#032#NEW#032#YORK@LLGM.COM<
Subject: Close out of contracts


I don't want to make a pest of myself, but I'm curious as to how the process
of closing out the terminated contracts is coming. In particular has Enron
completed the process of obtaining quotes so that the amount of the
Termination Payments is set. I'm concerned that PG&E would be more likely to
hit the LC's once the amounts have been set. We'll be ready to file
something if they try that, but I'd like a heads up so that we know the
possibility is out there.


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