I am pathetically and pathologically late in getting back to you.Sorry. Enron is very opposed to this. Can we talk at your convenience today.

 -----Original Message-----
From: 	"ROBERT NELSON" <JRNELSON@LLGM.COM>@ENRON [mailto:IMCEANOTES-+22ROBERT+20NELSON+22+20+3CJRNELSON+40LLGM+2ECOM+3E+40ENRON@ENRON.com] 
Sent:	Tuesday, August 21, 2001 2:04 PM
To:	Sanders, Richard B.
Cc:	CEKLUND@LLGM.COM
Subject:	Arbitration re: Edison

You received a memo last week from Kaye, Scholer recommending that a demand for arbitration be made immediately with respect to Edison.  As I explained, part of it would be a preemptive strike on the assumption that Edison is preparing an action against the participants.  At this stage, the recommendation is only to commence the arbitration, not to file a suit seeking prejudgment remedy of attachment.  I anticipate that the issue will come up for a vote during this Thursday's committee meeting.  What is your position?  Bob

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J. Robert Nelson
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