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Enron Mail |
Per my voice mail, attached is an alternative to the language originally
proposed re: statutory reference in the ISDA choice of law clause. David Mitchell and I discussed the issue and believe that the statutory reference is fine. We note that the statutory threshold -- contracts "arising out of a transaction covering in the aggregate not less than $250,000" -- will likely be met either with each confirm individually or with all confirms in the aggregate . Please do not hesitate to contact David at (212) 504-6285 or me at (212) 504-6261 to discuss this further. (See attached file: Governing Law 2.doc) Joan A. Stumpf Cadwalader, Wickersham & Taft 100 Maiden Lane New York, New York 10038 Tel: (212) 504-6261 Fax: (212) 504-6666 David Mitchell To: Joan Stumpf/NY/CWT@CWT cc: 12/13/2000 Subject: 02:57 PM per our t/c ---------------------- Forwarded by David Mitchell/NY/CWT on 12/13/2000 02:59 PM --------------------------- Robert.Bruce@enron.com@enron.com on 12/12/2000 06:50:11 PM To: dmitchel@cwt.com cc: Mark.Taylor@enron.com Subject: (See attached file: Governing Law.doc)As we discussed, enclosed is the standard choice of law provision of our ISDA schedule, red-lined to show how the statutory reference might be worded. Mark Taylor and I are interested in your thoughts on the matter. -- Bob Robert E. Bruce Senior Counsel Enron North America Corp. T (713) 345-7780 F (713) 646-3393 robert.bruce@enron.com (See attached file: Governing Law.doc) ============================================================================== NOTE: The information in this email is confidential and may be legally privileged. If you are not the intended recipient, you must not read, use or disseminate the information. Although this email and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by Cadwalader, Wickersham & Taft for any loss or damage arising in any way from its use. ============================================================================== - Governing Law 2.doc - Governing Law.doc
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