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Enron Mail |
In order to answer your question, a very complicated analysis needs to be p=
erformed. One of the questions that needs to be addressed is who owns the p= roceeds of the insurance policy. Are the D&O's entitled to the proceeds or= are the proceeds part of the bankruptcy estate? Another question that nee= ds to be looked into is the nature and scope of the coverages available. Y= et another consideration is competing claims against the policy. The AEGIS= form for the first 35 million is very sophisticated and the endorsements n= eed to be fully understood. The next step in the analysis is the excess wh= ich is not fully follow form. Jim Bouillion and I have scheduled an all da= y meeting with Gary Cooney (Vice Chairman of MSW) on Tuesday to discuss D &= O cover. This is the first time that Mr. Cooney can come to Houston. Afte= r this meeting, I hope to be in a position to identify issues for your cons= ideration. If any of you would like to attend this meeting, please advise.= If you would like to discuss any of these issues with me over the weeken= d, my home number is 713 721-7676. I will be in the office early on Monday= morning. My extension is 37535. =20 - - EWK =20 -----Original Message-----=20 From: Williams, Robert C.=20 Sent: Fri 12/7/2001 5:27 PM=20 To: Cheek, Charles=20 Cc: Vote, Robert; Davis, Britt; Kisluk, Eileen; Bouillion, James L.; Sander= s, Richard B.=20 Subject: RE: Subrogation=20
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