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Enron Mail |
---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
05/11/99 04:02 PM --------------------------- To: Edward Ondarza/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT cc: Subject: Conflicts Clearance fir ECT/Procter & Gamble Swaption FYI ---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on 05/10/99 04:34 PM --------------------------- Alan B Aronowitz 05/10/99 11:16 AM To: Mark - ECT Legal Taylor/HOU/ECT@ECT cc: Subject: Conflicts Clearance fir ECT/Procter & Gamble Swaption fyi. ---------------------- Forwarded by Alan B Aronowitz/HOU/ECT on 05/10/99 11:15 AM --------------------------- Enron Capital & Trade Resources Corp. From: Beverly Rudy <BRUDY@sablaw.com< 05/06/99 01:30 PM To: Alan B Aronowitz/HOU/ECT cc: LFINGER@sablaw.com, WCOREY@sablaw.com Subject: Conflicts Clearance fir ECT/Procter & Gamble Swaption Alan, this e-mail confirms our discussion earlier today in which you gave clearance to Sutherland Asbill & Brennan to represent another existing firm client, Procter & Gamble (*P&G*), with respect to a put swaption for Northern Bleached Softwood Kraft that Procter & Gamble wishes to enter with Enron Capital & Trade Resources Corp. You clearance on behalf of ECT is based upon my description of what Sutherland has been asked to do by P&G, which is to review the ISDA documentation, provide comments and negotiate with ECT, if necessary. We understand that ECT*s clearance given to Sutherland to work for P&G on this matter is for the specific transaction only. Moreover, we assure you that if ECT and P&G do enter into the swaption and a dispute between the parties arises related to the swaption, Sutherland would not represent either party with respect to such dispute regardless of forum. Please let me know whether you have any other questions regarding this matter. We appreciate ECT*s willingness to accommodate Sutherland in this matter, and continue to value our relationship with Enron.
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