2003

Gas and Power Institute

Houston Nov 6-7, 2003 InterContinental Hotel
Conference Concluded

Buy

Overview

Event Schedule

Program is subject to change.
All times are Central Time Zone.

Day 1 November 6, 2003
Day 2 November 7, 2003

Time

Credit

Subject

Speaker
Thursday Morning, Nov. 6, 2003
8:45 am

0.50 hr

Standard Market Design and RTO Initiatives - An Update

Discussion of relationship, current status of FERC’s Final Rule on Regional Transmission Organization (Order No. 2000), and Notice of Proposed Rulemaking on Standard Electricity Market Design (Docket No. RM01-12-000); state responses to SMD proposals.

Kathleen C. Lake, Vinson & Elkins - Houston, TX
9:00 am

1.00 hr

Optional Thursday Luncheon with Rebecca Klein
9:15 am

0.50 hr

Recent Developments in the Wholesale and Retail Electric Markets in Texas - Legislative, Regulatory, Judicial

Review of initiatives from the 78th Legislature; PUC initiatives regarding price reporting, treatment of non-paying customers; development of retail electricity marketing protocols for Entergy region; wholesale market redesign efforts of ERCOT, PUC, market participants.

Marianne Carroll, Brown McCarroll, L.L.P. - Austin, TX
9:45 am

0.50 hr

Accounting Issues in the Recovering Energy Industry

Discussion of enhanced financial disclosure requirements under the Sarbanes-Oxley Act of 2002, including requirements for off-balance sheet transactions and use of non-GAAP financial measures and prohibition of insider loans; SFAS 133 relating to accounting for derivatives; EITF Issues 98-10 and 02-03 relating to energy trading and risk management contracts; developments relating to market-to-market accounting, special purpose entities, tolling transactions.

Marcela E. Donadio, Ernst & Young LLP - Houston, TX
10:30 am

0.50 hr

Lessons Learned at the Edge: Selected Bankruptcy Questions Answered (Perhaps) in Recent Energy Company Bankruptcies

Interplay of the Bankruptcy Code Sections 362 (automatic stay) and 365 (executory contracts) with Sections 556 (forward contracts) and 560 (swap agreements); multi-party netting and setoff; prohibiting utility service disconnections under Bankruptcy Code Section 366; the NRG Energy Inc. bankruptcy and conflicts between FERC and bankruptcy court jurisdiction.

Bruce J. Ruzinsky, Jackson Walker LLP - Houston, TX
11:00 am

0.75 hr

Of Index Prices and "Wash" Trades — Developments Regarding Market Manipulation and Market Monitoring

FERC report on Western Energy Markets; weaknesses in index pricing system, improper trading practices, and associated ethical considerations; FERC’s Office of Market Oversight and Investigation; activities of Committee of Chief Risk Officers on price and transaction reporting.

C Baird Brown, Ballard Spahr Andrews & Ingersoll - Philadelphia, PA
11:45 am

0.50 hr

Optional Sponsored Luncheon: Current Issues at the PUC

Optional Sponsored Luncheon: Current Issues at the PUC

Julie Caruthers Parsley, Public Utility Commission - Austin, TX
Thursday Afternoon, Nov. 6, 2003
1:00 pm

0.75 hr

Law and Order Part I: Legal and Ethical Obligations Regarding Corporate Disclosure and Reporting Corporate Misconduct

SEC rules implementing "up the ladder" reporting duties under Section 307 of the Sarbanes-Oxley Act of 2002; proposed amendments of ABA Task Force on Corporate Responsibility to Rules 1.6 and 1.13 of Model Rules of Professional Responsibility; initiatives regarding governance and disclosure of Committee of Chief Risk Officers and Electric Power Supply Association; additional ethical considerations.

Michael W. Tankersley, Bracewell & Giuliani, LLP - Dallas, TX
1:45 pm

0.75 hr

Law and Order Part II: When the Justice Department Calls - Legal and Ethical Obligations in Responding to Criminal Investigations

Sources of criminal exposure (Sarbanes-Oxley; Patriot Act; wire fraud; false reporting; securities fraud); mechanics of investigation; procedures for response; employee rights; maintenance of attorney-client privilege v. obligation to disclose; avoiding obstruction of justice; minimizing exposure to civil suits; associated ethical considerations.

Kirby D. Behre, Paul, Hastings, Janofsky & Walker LLP - Washington, DC
2:30 pm

0.75 hr

The 2002 ISDA Master Agreement

Discussion of principal changes; mechanics and operation of 2001 ISDA Margin Supplement and 1994 Credit Support Annex; 2002 ISDA Master Agreement Protocol.

Ann O'Hara, O'Hara Law Office P.C. - Lincoln, NE
3:30 pm

0.50 hr

"For the Purpose for Which It Was Intended": Limitations of, and What is Missing from, the EEI Master Power Purchase and Sale Agreement

Discussion of type and duration of transactions for which the EEI agreement was intended; comparison of EEI agreement to long-term power purchase and sale agreement.

Robert Bohme, Baker Botts L.L.P. - Houston, TX
4:00 pm

0.50 hr

Developments in Credit Risk Management I: Transaction Clearing Exchanges for Energy Trading

Function of clearing exchanges; perceived benefits and shortcomings; mechanics of trade execution through a clearing exchange; legal issues associated with clearing exchange trading.

Lisa J. Mellencamp, Constellation Energy Commodities Group - Houston, TX
4:30 pm

0.50 hr

Developments in Credit Risk Management II: Other Current Trends

Discussion of development and use of 2002 Energy Bridging Agreement and proposed ISDA Master Agreement Power Annex; developments regarding master netting agreements; initiatives of Committee of Chief Risk Officers regarding multilateral netting; 2003 FERC/CFTC Technical Conference on Credit Issues and Potential Solutions in the Energy Markets.

Lance Allen Miller, Aquila, Inc. - Kansas City, MO

Time

Credit

Subject

Speaker
Friday Morning, Nov. 7, 2003
8:30 am

0.50 hr

Outlook for Gas and Power Markets

Discussion of outlook for energy trading; prospects for increased LNG project development; projected acquisition and divestiture activity in the midstream gas and power generation industries.

Benjamin Schlesinger, Benjamin Schlesinger And Assoc. - Bethesda, MD
9:00 am

0.50 hr

Federal Regulation of Natural Gas: A Primer

Discussion of history, evolution, and current developments in the federal regulation of natural gas, including the Natural Gas Act of 1938; the Phillips case; area and nation-wide rates; the Southland Royalty case; the Natural Gas Policy Act of 1978; FERC Orders 436, 451, 500, and 636; Natural Gas Wellhead Decontrol Act of 1989; current scope of FERC jurisdiction; transmission versus gathering; capacity release; recent developments.

Jay G. Martin, Baker Hughes - Houston, TX
9:30 am

0.75 hr

LNG Projects I: Strategic Issues in Structuring and Documenting LNG Projects

Discussion of structuring alternatives and basic transaction documentation for LNG projects.

Marisa Isabel Reuter, BHP Billiton - Houston, TX
10:30 am

0.50 hr

LNG Projects II: Regulatory and Maritime Issues Associated with LNG Projects

Discussion of FERC, Coast Guard, and other regulations and permitting requirements applicable to LNG projects.

Blaine Yamagata, Jackson Walker, L.L.P. - Houston, TX
11:00 am

0.50 hr

Acquisitions and Divestitures I: Strategic Issues in Structuring the Sale or Purchase of Midstream Gas or Electric Generation Assets

Discussion of bidding strategies; transaction structuring alternatives; managing successor liability.

Mark J. Thurber, Andrews & Kurth LLP - Houston, TX
11:30 am

0.75 hr

Acquisitions and Divestitures II: Purchases of Assets from a Financially Distressed Seller

Overview of issues and risks presented by asset sales by distressed seller prior to and during bankruptcy; advantages and disadvantages of asset purchase prior to bankruptcy filing as opposed to after case is filed.

Evelyn H. Biery, Fulbright & Jaworski - Houston, TX

Day 1 November 6, 2003
Day 2 November 7, 2003

Download Schedule

Conference Faculty

Kirby D. Behre

Paul, Hastings, Janofsky & Walker LLP
Washington, DC

Evelyn H. Biery

Fulbright & Jaworski
Houston, TX

Robert Bohme

Baker Botts L.L.P.
Houston, TX

C Baird Brown

Ballard Spahr Andrews & Ingersoll
Philadelphia, PA

Marianne Carroll

Brown McCarroll, L.L.P.
Austin, TX

Marcela E. Donadio

Ernst & Young LLP
Houston, TX

Kathleen C. Lake

Vinson & Elkins
Houston, TX

Jay G. Martin

Baker Hughes
Houston, TX

Lisa J. Mellencamp

Constellation Energy Commodities Group
Houston, TX

Lance Allen Miller

Aquila, Inc.
Kansas City, MO

Ann O'Hara

O'Hara Law Office P.C.
Lincoln, NE

Julie Caruthers Parsley

Public Utility Commission
Austin, TX

Marisa Isabel Reuter

BHP Billiton
Houston, TX

Bruce J. Ruzinsky

Jackson Walker LLP
Houston, TX

Benjamin Schlesinger

Benjamin Schlesinger And Assoc.
Bethesda, MD

Michael W. Tankersley

Bracewell & Giuliani, LLP
Dallas, TX

Mark J. Thurber

Andrews & Kurth LLP
Houston, TX

Blaine Yamagata

Jackson Walker, L.L.P.
Houston, TX

Credit Info

Houston

Key Dates

Houston – Nov 6-7, 2003 – InterContinental Hotel

Conference Concluded

Buy

Houston

Standard Registration
Last day for $350.00 Regular pricing: Oct 31, 2003

$400.00 for registrations received after this time

Last day for cancellation (full refund): Oct 31, 2003

$50 processing fee applied after this date

Last day for cancellation: Nov 3, 2003

Venue

InterContinental Hotel

Houston, TX

Our Sponsors

Thank you to our sponsors! Click each logo below to learn more.

Hunton & Williams

Hunton & Williams
Jackson Walker L.L.P.

Jackson Walker L.L.P.

Jackson Walker has been a leader in energy law since the late 1800s. One of the firm's founding partners, A.W. Walker, Jr., was responsible for developing many of the fundamental concepts of modern oil and gas law. This experience has led energy companies worldwide to select Jackson Walker as their legal counsel. Today, Jackson Walker attorneys continue the tradition started by our founding partners as leaders and innovators in the energy industry. Jackson Walker fully understands every segment of the industry and how each segment functions as a part of the overall value chain. We are able to provide high levels of service to our energy clients in a broad range of diverse specialties such as bankruptcy, tax, regulatory, litigation, environmental, intellectual property, corporate finance, mergers and acquisitions and any number of other practice areas. Jackson Walker began by providing legal services to the energy industry and we remain committed to continuing and expanding upon that tradition. www.jw.com www.jw.com/site/jsp/index.jsp
Vinson & Elkins LLP

Vinson & Elkins LLP

www.velaw.com/
Winstead Sechrest & Minick

Winstead Sechrest & Minick