Enron Mail

From:sara.shackleton@enron.com
To:mark.taylor@enron.com
Subject:Pacific Gas & Electric Company ("PG&E")
Cc:
Bcc:
Date:Fri, 15 Oct 1999 08:30:00 -0700 (PDT)

In connection with the ISDA negotiations, PG&E is insisting on revising our
"Limitation of Liability" language"

"...PROVIDED, HOWEVER,THAT NOTHING IN THIS PROVISION SHALL AFFECT THE
ENFORCEABILITY OF SECTION 6(e) OF THIS AGREEMENT with respect to incidental
damages."

PG&E claims that it will never be responsible for consequential damages and
that certain elements of "Loss" comprise consequential damages (PG&E always
agrees to "Market Quotation").
Have you ever prepared a list of the "Loss" components?
Can you assess before I go to Haedicke (or is this a non-starter)?
Thanks. Sara