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Enron Mail |
-----Original Message----- From: Corbet, Nancy Sent: Monday, November 5, 2001 11:07 AM To: Bushman, Teresa G.; Larson, Bradford; Lowry, Donna Cc: Fowler, Ellen Subject: Potential Sale of E&P Assets Teresa and I spoke with Sharon Butcher today who recommended that the potential sale of E&P portfolio should be described and approved at this preliminary stage by Lavorato, Haedicke, Goerte, and Lay et al per policy regarding conflicts. A DASH would follow when the deal gets further along. The issue here is John Thompson and other employees potentially "negotiating a deal" which would include their getting equity in the company which purchases assets. Donna and I just spoke and our thoughts are that the deal description currently in draft form would be circulated with an approval cover sheet explaining the reason for the approval sought. FYI - Teresa and I are meeting with the HR rep and the Enron employment attorney this aft and then all with John so that he understands what process should be followed re the employees - ie his communications with them and with potential purchasers. NAncy
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