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Enron Mail |
There are two lawsuits against ECT pending in LA dictrict court in
California.The plaintiffs are Legg Mason and Farrallon. They did not give us releases. The other plaintiffs have either given us releases or decided not to sue us(the statute of limitations has probably already run as well) I will be happy to answer any other questions. Mary J Heinitz 01/23/2001 02:56 PM To: Lisa Mellencamp/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT cc: Subject: NSM - Nakornthai Strip Mill Lisa or Richard: Please see message below. Is a status update available for Keith at this time? Thank you. ----- Forwarded by Mary J Heinitz/HOU/ECT on 01/23/01 02:58 PM ----- Keith E Power 01/23/01 12:52 PM To: Mary J Heinitz/HOU/ECT@ECT cc: Subject: NSM - Nakornthai Strip Mill Hi Mary - Do you know where we stand on the release of the orginal lawsuits that were filed against ECT Securities and the other underwriters regarding NSM? We put out a Watch Report for Merchant assets and I've sort of referred to that issue with a generic comment like "Negotiations continue regarding obtaining releases from the lawsuits that were filed against the original underwriting group that included ECT Securities." If memory serves me correctly, there was one release that was granted - either from Farrallon Capital Mgmt, or Oaktree? Do you know how many others are outstanding. Please let me know at your convenience. Thnx,
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