Law applicable to Enron Power Marketing Agreement w/Clarksdale

Attached is a memo discussing the law applicable to the Power Marketing Agreement.

After discussing the matter with some attorneys around the office, the unanimous response is that North MS/Delta/Coahoma County is not going to be a favorable venue for any litigation involving Enron. Juries all over Mississippi have recently become enamored with redistribution of wealth. The demographics and socio-economic characteristics of the Clarksdale area suggest that a jury trial would not be a good experience for Enron.

If you have any questions about the memo or other topics, please contact me. Have a good 4th of July.

Thanks,
John Brunini