ML021020038
| ML021020038 | |
| Person / Time | |
|---|---|
| Site: | Diablo Canyon  |
| Issue date: | 03/25/2002 |
| From: | Wells J Charles River Associates, Pacific Gas & Electric Co |
| To: | Office of Nuclear Reactor Regulation, US Federal Judiciary, Bankruptcy Court, Northern District of California |
| References | |
| 01-30923 DM, 94-0742640 | |
| Download: ML021020038 (5) | |
Text
CHARLES RIVER ASSOCIATES INCORPORATED John Hancock Tower, T-33 200 Clarendon Street Boston, MA 02116-5092 Telephone: 617/425-3000 Facsimile:
617/425-3132 Economic Experts for Debtor and Debtor in Possession PACIFIC GAS AND ELECTRIC COMPANY 1
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10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 In re PACIFIC GAS AND ELECTRIC COMPANY, a California corporation, Debtor.
Federal I.D. No. 94-0742640 Case No. 01-30923 DM Chapter 11 Case
[NO HEARING REQUESTED]
CHARLES RIVER ASSOCIATES INCORPORATED COVER SHEET APPLICATION FOR ALLOWANCE AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR FEBRUARY, 2002 Charles River Associates Incorporated (the "Firm") submits its Cover Sheet Application (the "Application") for Allowance and Payment of Interim Compensation and Reimbursement of Expenses for the Period February 1, 2002 through February 28, 2002 (the "Application Period"). In support of the Application, the Firm respectfully represents as follows:
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The Firm is providing economic advice to Pacific Gas and Electric Company, the debtor and debtor-in-possession in the above-referenced bankruptcy case (the "Debtor"). The Firm hereby applies to the Court for allowance and payment of interim compensation for services rendered and reimbursement of expenses incurred during the
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I HOWARSD RKE 1H8wocFSD nCr4X EUKlG UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION "2
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10 11 12 HCVZQD 13 NEi 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Application Period.
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The Firm billed a total of $11,521.00 in fees and expenses during the Application Period. The total fees represent 25.00 hours0 days <br />0 hours <br />0 weeks <br />0 months <br /> expended during the Application Period. These fees and expenses break down as follows:
Period Fees Expenses Total February, 2002
$10,912.50
$608.50
$11,521.00
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Accordingly, the Firm seeks allowance of interim compensation in the total amount of $ 9,884.13 at this time. This total is comprised as follows: $9,275.63 (85% of the fees for services rendered) plus $608.50 (100% of the expenses incurred).
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For the post-petition period, the Firm has been paid to date as follows:
Application Period Amount Applied For Description Amount Paid August 1-31, 2001
$36,430.55 Prof. Fees & Exp.
$36,430.55 September 1-30,
$130,066.49 Prof. Fees & Exp.
$105,842.31 2001 Total Paid to the Firm to Date
$142,272.86
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To date, the Firm is owed as follows (excluding amounts owed pursuant to this Application):
Application Period Amount Description August 1-31, 2001
$6,307.88 15% Fee Holdback September 1-30, 2001
$44,637.75 Partial Prof. Fees & 15% Fee WD 02 1202/1-14 19904/975452/vl 1
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10 11 12 HWARD 13 RKE cQNAix 14 BUlK AP,,,* 15 16 17 18 19 20 21 22 23 24 25 26 27 28
'V Holdback October 1-31, 2001
$299,964.92 100% Fees & Expenses November 1-30, 2001
$171,364.14 100% Fees & Expenses December 1-31, 2001
$8,751.10 100% Fees & Expenses January 1-31, 2002
$9,821.86 100% Fees & Expenses Total Owed to Firm to Date
$540,847.64
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With regard to the copies of this Application served on counsel for the Official Committee of Unsecured Creditors (the "Committee"), the Debtor and the Office of the United States Trustee, attached as Exhibit 1 hereto is the name of each professional who performed services in connection with this case during the Application Period and the hourly rate for each such professional; and attached as Exhibit 2 is an Account Summary. The detailed time and expense statements for the Application Period that comply with all Northern District of California Bankruptcy Local Rules and Compensation Guidelines and the Guidelines of the Office of the United States Trustee have been submitted in electronic form to the Office of the United States Trustee and mailed to counsel for the Committee and to the Debtor.
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The Firm is serving a copy of this Application (without Exhibits) on the Special Notice List in this case.
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Pursuant to this Court's "ORDER ESTABLISHING INTERIM FEE APPLICATION AND EXPENSE REIMBURSEMENT PROCEDURE," entered on or about July 26, 2001, and subsequent "AMENDED ORDER ESTABLISHING INTERIM FEE APPLICATION AND EXPENSE REIMBURSEMENT PROCEDURE," entered on or about November 8, 2001 (the "Amended Order"), the Debtor is authorized to make the payment requested herein without a further hearing or order of this Court, unless an objection to this Application is filed with the Court by the Debtor, the Committee or the United States Trustee and served by the fifteenth day of the month following the service of this Application. If such an objection is filed, Debtor is authorized to pay the amounts, if any, not subject to the WD 021202/1-1419904/975452/vl
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objection. The Firm is informed and believes that this Cover Sheet Application was mailed 2
by first class mail, postage prepaid, on or about 25 March, 2002.
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The interim compensation and reimbursement of expenses sought in this 4
Application is on account and is not final. Upon the conclusion of this case, the Firm will 5
seek fees and reimbursement of the expenses incurred for the totality of the services rendered 6
in the case. Any interim fees or reimbursement of expenses approved by this Court and 7
received by the Firm (along with the Firm's retainer) will be credited against such final fees 8
and expenses as may be allowed by this Court.
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The Firm represents and warrants that its billing practices comply with all 10 Northern District of California Bankruptcy Local Rules and Compensation Guidelines and 11 the Guidelines of the Office of the United States Trustee. Neither the Firm nor any members 12 of the Firm has any agreement or understanding of any kind or nature to divide, pay over or HC~A*VA 13 share any portion of the fees or expenses to be awarded to the Firm with any other person or NEt,0Ya0%?<I CAM 14 attorney except as among the members and associates of the Firm.
AA*,l15 WHEREFORE, the Firm respectfully requests that the Debtor pay compensation 16 17 18 19 20 21 22 23 24 25 26 27 28 WD 02 12 02/1-1419904/975452/v 1
to the Firm as requested herein pursuant to and in accordance with the terms of the Amended 2
Order.
3 DATED: March25, 2002 CHARLES RIVER ASSOCIATES 4
INCORPORATED 5
6 By:__
/JAMIES W. WELLS 7
Experts for Debtor and Debtor in Possession 8
PACIFIC GAS AND ELECTRIC COMPANY 9
10 11 12 13 RIME 14 EkLK 15 16 17 18 19 20 21 22 23 24 25 26 27 28 WD 021202/1-1419904/975452/v
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