Enron Mail

From:richard.sanders@enron.com
To:showard@milbank.com
Subject:Re: Farallon/Legg-Mason Bills Allocation
Cc:
Bcc:
Date:Sun, 23 Jul 2000 01:27:00 -0700 (PDT)

Unless their is a reason having to do with the case( ie we can somehow
recover our attys fees} I see no reason why we should separate the bills.Send
me one bill.




SHoward@milbank.com
07/13/2000 07:55 PM

To: Richard.B.Sanders@enron.com
cc:
Subject: Farallon/Legg-Mason Bills Allocation




Richard:

Spending a block of time on Busse's deposition this week focuses me on a
question that we have never really discussed:? How would you like Milbank to?
allocate its time between the Farallon and Legg-Mason cases?

To date, without really discussing it with you, we have (1) billed the
Farallon and Legg-Mason cases separately and (2) allocated our time
specifically relating to each case to that case but allocated "common" time
entirely to the Farallon case.

Is this what you want?

Should we just send one bill for the two cases together?

If we continue separate bills, what should be the allocation principle??
Should common time be allocated all to Farallon (the current practice)??
divided 50/50 between the two cases?? divided 18/5 between the two cases
(i.e., allocated by the respective amounts in issue in the two cases) ?

Any thoughts?

Steve

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