FW: Call to Bob Glynn

fyi,rick
-----Original Message-----
From: Kean, Steven
Sent: Monday, April 09, 2001 3:13 PM
To: Lay, Kenneth
Cc: Skilling, Jeff; Whalley, Greg; Lavorato, John; Kitchen, Louise; Buy, Rick
Subject: Call to Bob Glynn

Per our discussion this morning, below is a summary of items to discuss with Glynn:

Adding Enron's "negative CTC claim" to the list of claims: PGE's filing included a list of top twenty creditors. Our negative CTC claim was apparently not taken into account in compiling that list. The list is nonbinding, however. PG&E will be required to file schedules of creditors on April 20. Our negative CTC claim should be on Schedule F (for unsecured claims). You may want to remind Glynn of your previous conversations and state our expectation that the negative CTC claim will appear (preferably as uncontested) in the April 20 filing. (Note: if PG&E does not include the claim we have an opportunity to file a proof of claim and ultimately the court determines the validity of the claim).
Including Enron on the Creditors' Committee: PG&E may have the opportunity to influence representation on the creditors' committees. There are several reasons to suggest to Glynn that we be included: 1) we are a big creditor, 2) we could be helpful in crafting a broader solution, and 3) we are one of the real parties in interest behind the PX and ISO (who were listed as significant creditors but are really just "passthroughs" for the suppliers ... and PG&E likely would not want to have those political bodies serving on the creditors committee anyway).