All:  I spoke with Bill Bradford to get the global credit perspective, and,  he is entirely neutral.
However, he agreed that it made sense for Enron  Corp. to transact on its own stock.
I am prepared to draft new ISDA Master Agreements with our remaining  potential targets in the name of "Enron Corp." without Credit Support  Annexes.
Upon execution, the parties generally exchange evidence of  authority (i.e., resolution or excerpt thereof).
The outstanding confirms are in the name of Enron Corp.
These are "Deemed  ISDA's" and no party has asked for evidence of authority (although the  parties do represent that they have such authority).
Please let me hear from you if someone objects to the use of Enron Corp.
Thanks.
Sara

ENA vs. Enron Corp. as swap counterparty

All: I spoke with Bill Bradford to get the global credit perspective, and, he is entirely neutral.
However, he agreed that it made sense for <COMPANY> Corp. to transact on its own stock.
I am prepared to draft new ISDA Master Agreements with our remaining potential targets in the name of "<COMPANY> Corp." without Credit Support Annexes.
Upon execution, the parties generally exchange evidence of authority (i.e., resolution or excerpt thereof).
The outstanding confirms are in the name of <COMPANY> Corp.
These are "Deemed ISDA's" and no party has asked for evidence of authority (although the parties do represent that they have such authority).
Please let me hear from you if someone objects to the use of <COMPANY> Corp.
Thanks.
Sara
bradford agreed stock prepared draft parties generally exchange corp deemed isda resolution excerpt credit perspective annexes execution asked evidence hear objects use