Subject: RE: Cornerstone, MidAmerica
From: [email-masked]
To: [email-masked], [email-masked]
Cc: [email-masked]
Date: Mon, 1 Apr 2002 07:49:15 -0800 (PST)

Cornerstone has an ISDA which was terminated effective 11/28/01.  They have two outstanding invoices (possibly others that I am not aware of) in the amounts of $1,747,664.00  and $234,418.54.  Other outstanding invoices must be related to physical transactions.

Legal's termination log contains the following comment: "Cornerstone will make no further payments or delivery."

Hope this helps.

 -----Original Message-----
From: 	Germany, Chris  
Sent:	Monday, April 01, 2002 9:17 AM
To:	Dicarlo, Louis; Boyt, Eric
Cc:	Hamic, Priscilla
Subject:	FW: Cornerstone, MidAmerica

It looks like Cornerstone Propane, L.P. has not paid their December invoice for physical or financial.  Is there anything going on with them that you guys are aware of?

 -----Original Message-----
From: 	Hamic, Priscilla  
Sent:	Monday, April 01, 2002 9:05 AM
To:	Germany, Chris
Subject:	Cornerstone, MidAmerica

Neither of these companies have paid us for December 2001 gas.  MidAmerica is probably holding payment for forward value, I don't know about Cornerstone.  Both had invoices sent to them for December sales.  Attached is Cornerstone's SAP balance.  Call me if you need any further information.

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Priscilla Hamic
Enron North America Corp.
Tel: 713-345-3736
Fax: 713-646-8420
E-mail: [email-masked]