Bulletin: NL000114

Date:
January 17, 2002
To:
All Issuing Offices
RE:
Enron Bankruptcy
Dear Associates:

Enron Corp. and a number of affiliated entities have filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the Southern District of New York. The jointly administered case is Case No. 01-16034 (AJG).

Currently approximately 24 Enron entities are debtors in bankruptcy proceedings. Those debtors include:

Enron Metals & Commodity
Enron North America Corp.
PBOG Corp.
Enron Broadband Services, Inc.
Enron Energy Marketing Corp.
Enron Transportation Services Company
ENA Asset Holdings, L.P.
Garden State Paper Company L.L.C.
Enron Energy Information Solutions, Inc.
EESO Merchant Investments, Inc.
Enron Corp.
Enron Power Marketing, Inc.
Smith Street Land Company
Enron Energy Services Operations, Inc.
Enron Energy Services L.L.C.
BAM Leasing Company
Enron Gas Liquids, Inc.
Enron Federal Solutions, Inc.
Tenant Services, Inc.
Palm Beach Development Company, L.L.C.

There are approximately 3500 Enron affiliates, including corporations, partnerships and limited liability companies, most of which have not filed a bankruptcy petition.

If you receive an order or request for title insurance involving an Enron entity as a seller, borrower or other participant in the transaction or as an investor in the owner of the land, please call our underwriting personnel, regardless of whether the Enron entity is currently a bankruptcy debtor.

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER  AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.

References

Bulletins Replaced:
None
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None