Message-ID: <14868879.1075859169103.JavaMail.evans@thyme> Date: Tue, 11 Dec 2001 11:09:11 -0800 (PST) From: brian.redmond@enron.com To: stuart.zisman@enron.com, jim.coffey@enron.com, karen.gruesen@enron.com, chip.schneider@enron.com, gerald.nemec@enron.com Subject: RE: Bridgeline Partnership Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Redmond, Brian X-To: Zisman, Stuart , Coffey Jr., Jim , Gruesen, Karen , Schneider, Chip , Miller, Don (Asset Mktg) , Nemec, Gerald X-cc: X-bcc: X-Folder: \Gerald_Nemec_Jan2002\Nemec, Gerald\Inbox X-Origin: Nemec-G X-FileName: gnemec (Non-Privileged).pst Lets meet from 4:00 to 4:45 on the 5th floor of ECS. As it stands now - we need to understand what happens under the agreements in the event that we pull LRCI into bankruptcy. Case 1: Do Nothing - Dow terminates lease and brine service agreement, traps gas in storage, LRCI cannot complete Enron #1, LRCI pays penalty payments to Bridgeline for not making storage capacity available, LRCI defaults under Contribution Agreement. Case 2: LRCI in Bankruptcy - ? We need to make a call. Regards, Brian -----Original Message----- From: Zisman, Stuart Sent: Tuesday, December 11, 2001 12:56 PM To: Redmond, Brian Subject: FW: Bridgeline Partnership -----Original Message----- From: Gruesen, Karen Sent: Tuesday, December 11, 2001 12:52 PM To: Zisman, Stuart Cc: Coffey Jr., Jim Subject: FW: Bridgeline Partnership Probably need to include Jim Coffey on this, as his group will ultimately be responsible for the accounting for the Bridgeline investment. I am available at 4 pm but will need to leave at 5. Let me know if we will be able to get a meeting together today. Thanks, Karen -----Original Message----- From: Redmond, Brian Sent: Tuesday, December 11, 2001 12:28 PM To: Zisman, Stuart; Gruesen, Karen Cc: Miller, Don (Asset Mktg); Stoler, Lou; Schneider, Chip; Nemec, Gerald Subject: RE: Bridgeline Partnership Lets get together if we can at 4:00 today - we need a game plan. -----Original Message----- From: Zisman, Stuart Sent: Tuesday, December 11, 2001 12:00 PM To: Gruesen, Karen Cc: Miller, Don (Asset Mktg); Redmond, Brian; Stoler, Lou; Schneider, Chip; Nemec, Gerald Subject: RE: Bridgeline Partnership It turns about that there are conflicts with 9:30. How about 10:30?