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Enron Mail |
Bill -
If Sam's description below of the GCP procedure is correct, it looks to me like something needs to be changed. The difficulty lies in the fact that the confirmation system reads the counterparty's name from Global Counterparty. Since divisions of companies are not legal entities they do not have the power to contract in their own names. If the correct legal name is not in Global Counterparty, the confirmation goes out with the wrong legal name on it seriously compromising the contract itself. That is the source of Tana's concern regarding the correct entering of divisions in the system. My suggestion is that Global Counterparty use the same name that the customer has signed on the EnronOnline Password Application -- my understanding is that the EnronOnline team returns inappropriate Applications to the customer until they are correctly completed. In this particular case since the counterparty is still not allowed to transact on EnronOnline almost a month after sending in their application they are understandably upset and are now complaining. I would appreciate it if you could get this one fixed today and, if you have any problem with changing the GCP procedure, please let me know. Mark ----- Forwarded by Mark Taylor/HOU/ECT on 04/16/2001 03:15 PM ----- Tana Jones 04/16/2001 03:11 PM To: Mark Taylor/HOU/ECT@ECT cc: Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response - CP/ID 94330, Cargill Ferrous International ----- Forwarded by Tana Jones/HOU/ECT on 04/16/2001 03:11 PM ----- Samuel Schott 03/28/2001 01:09 PM To: Tana Jones/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT cc: Walter Guidroz/Enron@EnronXGate, Tom Moran/Enron@EnronXGate, Lisa Lees/HOU/ECT@ECT, Marilyn Colbert/HOU/ECT@ECT, Cheryl Johnson/Corp/Enron@Enron Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response - CP/ID 94330, Cargill Ferrous International FYI... Cargill Ferrous International is setup correctly in the Global Counterparty System as a Division of Cargill, Inc. Cargill Ferrous International is the full name of this division and setup as such in GCP with a Sub-to-Legal Link to Cargill, Inc. per GCP procedure. Also, the Global SAP team (Cheryl Johnson) would need Legal Name Change documentation from the Counterparty in order to change this name. Best Rgds. Samuel x3-9890 (GCP) Enron Net Works _ Global Data Management From: Tana Jones on 03/28/2001 09:47 AM To: Samuel Schott/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT cc: Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response Any updates on adding the correct legal name to this counterparty name? ---------------------- Forwarded by Samuel Schott/HOU/ECT on 03/28/2001 12:53 PM --------------------------- From: Samuel Schott 03/23/2001 11:25 AM To: Stephanie Sever/HOU/ECT@ECT cc: Tana Jones/HOU/ECT@ECT, Walter Guidroz/NA/Enron, Tom Moran/Enron@EnronXGate, Lisa Lees/HOU/ECT@ECT, Marilyn Colbert/HOU/ECT@ECT Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response Hello, Yes, GCP provides the links to establish the correlation between the parent and child for our downstream systems. GCP procedure is to create Counterparty names that reflect either the Tradename / Division name or Parent Name - - not both simultaneously. (Although, we have broken that rule for Legal in the past.) This defeats the purpose of using a Tradename. Best Rgds. Samuel From: Stephanie Sever 03/23/2001 10:21 AM To: Tana Jones/HOU/ECT@ECT cc: Samuel Schott/HOU/ECT@ECT, Walter Guidroz/NA/Enron, Tom Moran/Enron@EnronXGate, Lisa Lees/HOU/ECT@ECT Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response Tana, Please review the process below: With divisions, EOL does request a new Password Application for the applicant reflecting the name as you noted below. When the company is set up in the EOL database we link the company to the Parent and reference the CP ID. Sam, please confirm, Global Counterparty also provides the links to establish correlation between the parent and child for our downstream systems. Let me know if this is the appropriate steps that you would like to see. Thanks, Stephanie From: Tana Jones on 03/22/2001 06:03 PM To: Samuel Schott/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT cc: Walter Guidroz/Enron@EnronXGate, Tom Moran/Enron@EnronXGate Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response Sam & Stephanie, Re: Cargill Ferrous International It was my understanding with the EOL Team that all divisions would have the legal incorporated entity as part of the name. Stephanie, I my preference is to kick their Password Application back and get them to change it to read something like "Cargill Ferrous International, a division of Cargill, Inc." or "Cargill, Inc. acting through its Cargill Ferrous International Division". Samuel Schott 03/21/2001 01:58 PM To: Walter Guidroz/ENRON@enronXgate @ ENRON, Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate@ENRON, Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli Campbell/ENRON@enronXgate@ENRON, Cynthia Clark/ENRON@enronXgate@ENRON, Enron Europe Global Contracts and Facilities@ENRON, Enron Europe Global CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom Moran/ENRON@enronXgate@ENRON, Claudia Clark/HOU/ECT@ECT, William S Bradford/ENRON@enronXgate@ENRON, Lisa Lees/HOU/ECT@ECT, Juana Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT, Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT, Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate@ENRON, Kelly Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron Communications@ENRON, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications@ENRON, Molly LaFuze/Enron Communications@Enron Communications@ENRON, Danny Clark/Enron Communications@Enron Communications@ENRON cc: Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response Any GCP adjustments will be highlighted in red. Attn. GCP_London: There's a new EOL Counterparty listed in the UK. Please respond. Best Rgds. Samuel x3-9890 ENW_GCP From: Walter Guidroz/ENRON@enronXgate on 03/20/2001 05:30 PM To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate, Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe Global Contracts and Facilities@ENRON, Enron Europe Global CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT, Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT, Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron Communications, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications, Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron Communications@Enron Communications cc: Subject: EOL approvals, 3-20-01 Please see attached.
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