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Enron Mail |
Susan, I spoke this morning with Nancy Manderson (outside counsel for our
crime policy insurer). She has accepted my changes to the Assignment and Release, and she will be forwarding an original of the Assignment and Release to EOTT for execution. She said we will have our check for $2,503,000.00 next week! The check will be delivered to Phillip Bair with our insurance broker. We also had a long conversation about the insurer's claim against Gas Producers. I shared with Nancy some of the research we have done on the conversion claim against Gas Producers. I assured her that EOTT would fully cooperate if the insurer did pursue the claim against Gas Producers. I gathered from her comments, however, that the insurer is concerned that Gas Producers may not have sufficient assets to satisfy anything but a small judgment. I do not know whether the insurer has actually conducted a "financial investigation" of Gas Producers.
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