Subject: deal issues
some things to be ready for :
please forward to john if appropriate .
1 . buyer will likely require netco to use their form of isda and related contracts . we won ' t know winner and form of contract until monday . earliest we could trade would be next friday . is 4 or 5 days enpugh to make platform changes for eol and related systems ?
2 i just learned that under the dip documents that became effective last monday we cannot execute any new trades except in connection with liquidating old book . st . clair is running this down for your benefit and clarification .
3 . alberta ppa was sold ? when is closing ? depending on canada bankruptcy ruling in next day , we may be able to access these funds to help support newco ops . needs furtther investigation .
jeff
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jeff golden