Message-ID: <29051334.1075845011311.JavaMail.evans@thyme> Date: Mon, 23 Oct 2000 07:37:00 -0700 (PDT) From: mark.haedicke@enron.com To: peter.keohane@enron.com Subject: Re: Retail Initiative Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Mark E Haedicke X-To: Peter Keohane X-cc: X-bcc: X-Folder: \Mark_Haedicke_Oct2001\Notes Folders\All documents X-Origin: HAEDICKE-M X-FileName: mhaedic.nsf I had a brief conversation with Vicki about splitting the costs 50/50 on the legal side to be consistent with the business arrangement. She asked to use the European operation as a model. At some point, Peter you should just give Vicki a call and talk it through. Mark Peter Keohane 10/23/2000 01:02 PM To: Mark E Haedicke/HOU/ECT@ECT cc: Subject: Retail Initiative To be brief, this project is percolating but being held up on the following fronts: 1. ENA/EES issues. I have not been involved so I don't know where it is at. As request by Dave P., Mark P. has sent a copy of his preliminary issues memo to Vicki S. 2. Market Achievement Plan for unsold PPAs. The Government is expected to announce October 31st. This will impact the market in many aspects, including the viability of competitive retail market options v. regulated rate options. 3. We have proposals from two law firms. Donahue Ernst & Young and Blakes. My preference would be DEY for diversification reasons, but DEY may have unresolvable conflicts which I would have to discuss with you if we are to proceed. Blakes proposal may also have significant conflicts, which may be resolvable but which may limit the effectiveness of their representation. Nonetheless, it seems a decision will not need to be made until the end of October. In the meantime, Mark P. is working on scoping out legal and compliance issues, as well as forms. Peter.