Re: ISDA Agreements governed by English law

Thanks for the redraft! I am looking at the agreement now. Also, I thought
you would be interested in Mark's comment. I would like to use arbitration
in lieu of jurisdiction. Please make that change and forward to me. I will
mark up with comments. Thanks so much for your help. Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 05/04/2000
11:16 AM ---------------------------

Mark Elliott
05/04/2000 03:19 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: ISDA Agreements governed by English law

The Enron policy for our English law Master is for arbitration - although I
have to say, for purely financial contracts, I myself always prefer the
Courts.

Kind regards

Mark

Sara Shackleton
04/05/2000 01:00
To: Mark Elliott/LON/ECT@ECT
cc:

Subject: ISDA Agreements governed by English law

Mark: Thanks so much for your explanation earlier today. Just one more
question, please: is arbitration or litigation the preferance under English
law? How often do you negotiate to the contrary? Thanks. Sara