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Enron Mail |
FYI: Michael is on a two week honeymoon. Good luck staying on top of these
guys! Sara Deepak Sitlani 05/30/2000 08:42 AM To: Sara Shackleton/HOU/ECT@ECT cc: Michael Moulton/HOU/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Michael Khajeh-Noori/LON/ECT@ECT Subject: SITA Sara As requested, I chased SITA again this afternoon. They have not yet appointed local counsel as the legal department is currently busy acquiring an Australian subsidiary. I will chase again next week. Regards Deepak ---------------------- Forwarded by Deepak Sitlani/LON/ECT on 30/05/2000 14:42 --------------------------- Deepak Sitlani 23/05/2000 16:52 To: Sara Shackleton/HOU/ECT@ECT cc: Michael Moulton/HOU/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Michael Khajeh-Noori/LON/ECT@ECT Subject: SITA Sara I refer to our recent conversation relating to the progress of ISDA negotiations with the above counterparty. I have just spoken to Carine Lavergne at SITA. She informs me that SITA does not feel adequately equipped or informed to progress the negotiations internally and therefore intends to appoint external counsel (I urged her to do this as soon as possible). Despite this intended appointment, she assured me that SITA wishes to enter into the ISDA as soon as possible and is keen to keep negotiations to a minimum. Either I or Michael Khajeh-Noori will keep you updated as to the progress. For your information, I also attach a status report with respect to the counterparties with whom Michael and I are currently negotiating. Let me know if you need anything else. Regards Deepak
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