Enron Mail

From:steve.duffy@enron.com
To:michael.burke@enron.com
Subject:Re: Insurance Recovery on Todoroff Matter
Cc:dana.gibbs@enron.com, lori.maddox@enron.com, stanley.horton@enron.com,susan.ralph@enron.com, walt.zimmerman@enron.com
Bcc:dana.gibbs@enron.com, lori.maddox@enron.com, stanley.horton@enron.com,susan.ralph@enron.com, walt.zimmerman@enron.com
Date:Thu, 8 Jun 2000 10:14:00 -0700 (PDT)

Walt will do all in his power to see that we obtain justice on the Todoroff
matter. We are very confident of our case here. SWD



Michael Burke
06/08/00 04:18 PM

To: Walt Zimmerman/Houston/Eott@Eott
cc: Dana Gibbs/Houston/Eott@Eott, Lori Maddox/Houston/Eott@Eott, Stanley
Horton/Corp/Enron@Enron, Steve Duffy/Houston/Eott@Eott, Susan
Ralph/Houston/Eott@Eott
Subject: Re: Insurance Recovery on Todoroff Matter





Susan, Thanks to you and Walt and all others who worked on this. Having a
check of that magnitude come to us by June certainly
exceeded my expectations. And this did not just happen...you folks did an
excellent job of making it happen.

Now Walt, if you can just assure us that in Mr. Todoroff's situation that
justice will be served!

Thanks again.



Walt Zimmerman
06/08/00 03:26 PM

To: Susan Ralph/Houston/Eott@Eott
cc: Michael Burke/Houston/Eott@Eott, Steve Duffy/Houston/Eott@Eott, Dana
Gibbs/Houston/Eott@Eott, Stanley Horton/Corp/Enron@Enron, Lori
Maddox/Houston/Eott@Eott
Subject: Insurance Recovery on Todoroff Matter

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.