Enron Mail

From:eddy.daniels@enron.com
To:mark.haedicke@enron.com, lance.schuler-legal@enron.com, john.novak@enron.com
Subject:Legal Risk Memo re YPF GSA
Cc:janette.elbertson@enron.com, federico.cerisoli@enron.com,erwin.landivar@enron.com
Bcc:janette.elbertson@enron.com, federico.cerisoli@enron.com,erwin.landivar@enron.com
Date:Thu, 7 Jun 2001 13:02:00 -0700 (PDT)

Please find attached a draft of the legal risk memo for the YPF GSA. We
expect to be meeting with YPF to negotiate the form of their consent to
assignment to the lenders in connection with the project financing on
Tuesday, June 12, 2001 in Sao Paulo. We expect to be in position to execute
the GSA and related agreements immediately thereafter, perhaps as early as
the evening of June 12th.



Best Regards,

EDD

Edmund D. Daniels
Senior Counsel
Enron North America Corp.
1400 Smith, EB 3813
Houston, Texas 77002
713.345.4753 (direct)
713.646.3490 (telecopy)