Please be advised that Ron has reached agreement on the Doyle insurance claim, which will bring in cash of $1.375 million (including income of approximately $700k). We are pushing to make sure this happens as soon as possible, hopefully within the next day. The e-mail from FM Global (the insurance company) is attached below. 

Please let me know if you have any questions.

Regards,

Ben

 -----Original Message-----
From: 	Tapscott, Ron  
Sent:	Wednesday, November 28, 2001 1:04 PM
To:	Jacoby, Ben
Subject:	FW: Doyle Unit I Insurance Claim



 -----Original Message-----
From: 	"Whitt, Russell" <russell.whitt@fmglobal.com>@ENRON  
Sent:	Wednesday, November 28, 2001 12:48 PM
To:	Tapscott, Ron; "\"Chandler@ENRON; Claude\" <claude.chandler@fmglobal.com>@ENRON" <IMCEANOTES-+22Chandler+2C+20Claude+22+20+3Cclaude+2Echandler+40fmglobal+2Ecom+3E+40ENRON@ENRON.com>; Whitt, Russell
Cc:	Bouillion, James L.; Davis, Britt; Virgo, Robert; Jacoby, Ben; Vos, Theresa
Subject:	RE: Doyle Unit I Insurance Claim


Ron,

Please be advised that the settlement numbers you have outlined below are
acceptable to us , and the remaining net amount of $1,375,000 will be
processed for payment. We do not normally make payment by wire transfer, but
as I indicated to Jim Bouillion earlier today I am making inquiries to
determine if it can be done on this loss. I may have an answer for you this
afternoon.

Thank you and Jim for your assistance in resolving this matter

Regards / Russ Whitt


-----Original Message-----
From: Tapscott, Ron [mailto:Ron.Tapscott@ENRON.com]
Sent: Wednesday, November 28, 2001 1:39 PM
To: "Chandler, Claude" <claude.chandler@fmglobal.com>@ENRON; Whitt,
Russell
Cc: Bouillion, James L.; Davis, Britt; Virgo, Robert; Jacoby, Ben; Vos,
Theresa
Subject: RE: Doyle Unit I Insurance Claim


Russ and Claude,

Please confirm acceptance of the offer below and indicate when and how
you plan to effect payment.

Regards,

Ron A. Tapscott

>  -----Original Message-----
> From: 	Tapscott, Ron
> Sent:	Wednesday, November 28, 2001 11:16 AM
> To:	'"Chandler, Claude" <claude.chandler@fmglobal.com>@ENRON';
> Whitt, Russell; Jacoby, Ben
> Cc:	Bouillion, James L.; Davis, Britt; Virgo, Robert; Jacoby, Ben;
> Vos, Theresa
> Subject:	FW: Doyle Unit I Insurance Claim
>
> Russ and Claude,
>
> This is to confirm acceptance of the offer noted below --
>
> Claim Offer			$3,500,000
>
> Less:
> 1/2 of Deductible		$   125,000
>
> Payment made
> earlier this year			$2,000,000
>
> Payment owed ENA		$1,375,000
>
>
> The wiring instructions are noted in the attached e-mail.  Our
> preference would be for you to wire funds.  If you are unable to wire
> funds, please forward in overnight mail to the following address --
>
> Enron North America
> Attention: Ron Tapscott (Building Location Enron South 05515)
> 1400 Smith Street
> Houston, TX 77002-7361
>
> I have also attached the letter reaffirming ENA's claim to the
> proceeds from this settlement.
>
> Please call me if you have any questions or comments at 713-853-9298.
>
> Regards,
>
> Ron A. Tapscott
>  << File: walton_Insurance_agmt.pdf >>
>
>  -----Original Message-----
> From: 	Vos, Theresa
> Sent:	Wednesday, November 28, 2001 9:53 AM
> To:	Tapscott, Ron
> Subject:	Wiring Instructions
>
> Below are the wiring instructions for the Doyle Insurance refund.
> Please let me know when and how much to expect.
>
>
> Enron North America
> Bank of America
> 375-046-9477
> ABA# 111-0000-12
>
>
> please call me with any questions.
>
> thanks!
> theresa


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