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Enron Mail |
I believe that SDI's lawyer may have been telling the truth when he said th=
at Enron was not brought in to the Cleveland settlement discussions, because S= DI and McDonald were doing a larger deal with Schultes. We refused to join in their deal in Los Angeles (because it left the Cleveland action alive.) An= d, during the last 45 days, McDonald and SDI have been dismissing claims again= st Schultes all around the country. Something larger does appear to be going = on. <<< "cesherman@hahnlaw.com" 11/15/01 01:45PM <<< by now you should all have by fax the dismissals filed today in the schulte= s case, including the gift to us of a dismissal of the contract counts (1-4) against the enron entities as well! i spoke with counsel for sdi, who - despite confidentiality restrictions - confirmed my instinct that the defendants were concerned that they could be brought back in if the contrac= t claims still existed against us. i have to think harder as to whether they= 're really off the hook on the tort counts, but it's at least reassuring they thought so. interesting as well, the defendants apparently urged the plaintiff to just dismiss us. his lawyer apparently rejected the suggestion with the explanat= ion that we could pay too. they responded "for what"? and apparently the plaintiff's counsel just repeated the same response. if it offers any comfort, sdi's lawyer can't imagine any case schultes has to proceed agains= t us on. i asked why we hadn't been broached to join in, and the only explanation i = got - which didn't seem really to be enough of an answer - was that this was ju= st part of a bigger settlement of the securities cases. for our info, have th= ere been such settlements? the "big" strategic question now is do we just wait to hear from the court = or plaintiff's counsel, or do we push for a hearing. thoughts? Charna E. Sherman Hahn Loeser & Parks LLP cesherman@hahnlaw.com 216-274-2556 (voice) 216-274-2555 (fax) ************************************************** This transmission contains confidential information intended only for the addressee(s). If you are not the intended recipient, any use, dissemination, distribution or copying of this document or its contents is strictly prohibited. ********************** = = = = = = = = = = = = = = = = = = = .......................= ......................... ALSCHULER GROSSMAN STEIN & KAHAN LLP ATTORNEYS AT LAW www.agsk.com 2049 Century Park East Thirty-Ninth Floor Los Angeles, CA 90067-3213 Tel 310-277-1226 Fax 310-552-6077 This transmission is intended only for the use of the addressee and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient, or the employee or agent responsible for delivering the message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately via e-mail at postmaster@agsk.com or by telephone at 310-277-1226. Thank you. ...............................................
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