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Enron Mail |
Attached is a final version of the Australian legal advice. You mentioned
that you may want to pass on the settled advice on to Sullivan and Cromwell. The only on outstanding issues are; Final tax signoff on the revised GTCs that would allow trading with a non-resident counterparty. We are investigating certain regulatory issues in respect weather derivatives before we can give those the all clear to be added to EnronOnline. Registration of "EnronOnline" as a trade mark. There is also that issue I raised a couple of days ago in respect of an Enron counterparty that is incorporated after a Password Agreement and ETA is signed. How could such an entity seek damages under a contract that was made before it existed? Although of no immediate relevance to Australia it may have significance for Japan where I understand we are incorporating a new set of companies. Any thoughts? l - 0437047.pdf
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