Sara - please find attached the standard form bankruptcy swap for US And UK 
reference entities.  These transactions will be entered into subject to a 
master agreement/ terms and conditions.  I am re-drafting these at the moment 
and will send you the revised form later this week. As regards general due 
dilligence - I have quiete a substantial folder which I will have photocopied 
and forwarded to you later this week.  In the meantime if you have any 
questions please feel free to give me a call at +4420 77834828.

Best regards,

Denis