ML021140574

Skadden, Arps, Slate, Meagher & Flom Llp'S Cover Sheet Application for Allowance and Payment of Interim Compensation and Reimbursement of Expenses for the Period February 1, 2002 Through February 28, 2002

ML021140574
Person / Time
Site:	Diablo Canyon
Issue date:	04/12/2002
From:	Edmonson J Pacific Gas & Electric Co, Skadden, Arps, Slate, Meagher & Flom, LLP
To:	Office of Nuclear Reactor Regulation, US Federal Judiciary, Bankruptcy Court, Northern District of California
References
01-30923-DM, 94-0742640
Download: ML021140574 (4)

Text

1 RICHARD LEVIN (CA State Bar No. 66578)

JAMIE L. EDMONSON (CA State Bar No. 185384) 2 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP 300 South Grand Avenue, Suite 3400 3 Los Angeles, California 90071-3144 Telephone: 2131687-5000 4 Facsimile: 213/687-5600 5 Special Counsel for Pacific Gas and Electric Company, Debtor and Debtor in Possession 6

7 8 UNITED STATES BANKRUPTCY COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 SAN FRANCISCO DIVISION 11 In re ) Case No. 01-30923-DM 12 PA*TFIC GAS AND ELECTRIC COMPANY,) Chapter 11 Case a California corporation, 13 [No Hearing Scheduled]

Debtor. ))

14 Federal I.D. No. 94-0742640 )

)

15 16 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S 17 COVER SHEET APPLICATION FOR ALLOWANCE AND PAYMENT OF INTERIM COMPENSATION AND 18 REIMBURSEMENT OF EXPENSES FOR THE PERIOD FEBRUARY 1, 2002 THROUGH FEBRUARY 28.2002 19 Sheet 20 Skadden, Arps, Slate, Meagher & Flom LLP (the "Firm") submits its Cover and 21 Application (the "Application") for Allowance and Payment of Interim Compensation 2002 (the 22 Reimbursement of Expenses for the Period February 1, 2002 through February 28, as follows:

23 "Application Period"). In support of the Application, the Firm respectfully represents 24 1. The Firm is special regulatory counsel to Pacific Gas and Electric case (the 25 Company, the debtor and debtor in possession in the above-referenced bankruptcy 26 "Debtor"). The Firm hereby applies to the Court for allowance and payment of interim 21 SHEET FEE APPLICATION FOR ALLOWANCE 2f SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S COVER OF EXPENSES FOR THE PERIOD AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT FEBRUARY 1, 2002 THROUGH FEBRUARY 28,2002

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during the 1 compensation for services rendered and reimbursement of expenses incurred 2 Application Period.

3 2. The Firm billed a total of $186,278.22 in fees and expenses during the period covered 4 Application Period. The total fees represent 529.80 hours9.259259e-4 days <br />0.0222 hours <br />1.322751e-4 weeks <br />3.044e-5 months <br /> expended during the 5 by this Application. These fees and expenses break down as follows:

6 7

8 9

10

3. Accordingly, the Firm seeks allowance of interim compensation in the 11 (85%

12 total amount of $159,990.72 at this time. This total is comprised as follows: $148,962.50 incurred).

13 of the fees for services rendered)' plus $11,028.22 (100% of the expenses

4. For the post-petition period, the Firm has been paid to date as follows:

14 Amount Applied For Description Total 15 Application Period 100% of fees and $384,116.822 16 April 6 2001 through $ 412,199.69 July 31, 2001 100% of expenses 17 $ 232,904.35 85% of fees and $211,716.95 August 1, 2001 through August 31, 100% of expenses 18 2001 19 September 1, 2001 $182,393.51 85% of fees and $182,363.51 through September 100% of expenses 20 1 30, 2001 21 October 1, 2001 $351,118.17 85% of fees and $351,118.17 through October 31, $100% of expenses 22 2001 23 24 25 Payment of this amount would result in a "holdback" of $26,287.50 26 2 This amount represents the amount allowed from the Firm's first interim fee application, after reduction for certain time and disbursements.

27 FEE APPLICATION FOR ALLOWANCE 28 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S COVER SHEET OF EXPENSES FOR THE PERIOD AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT FEBRUARY 1, 2002 THROUGH FEBRUARY 28,2002 I

II -

$327,076.56 85% of fees and $327,076.56 1 November 1, 2001 100% of expenses 2 through November 30, 2001

$49,443.48 85% of fees and $49,443.48 3 December 1, 2001 100% of expenses through December 4 31, 2001 $137,056.57 Amounts outstanding 5 August 1, 2001 from cover sheet fee through December applications less 6 31, 2001 certain reductions from Second Interim 7 Fee Application

$0.00 8 $104,031.40 85% of fees and January 1, 2002 100% of expenses 9 through January 31, 2002 owed under this 11 5. To date, the Firm is owed as follows (excluding amounts

/ *.pplication):

1:

Period 3

1' Seventh (January 1, 2002 4 through January 31, 2002) 1.*

5 Total Owed to Firm to Date j counsel for the 6 6. With regard to the copies of this Application served on 1

7 Committee, counsel for the Debtor and the Office of the United States Trustee, attached as 1

8 Exhibit 1 hereto is the name of each professional who performed services in connection with this 1

19 case during the period covered by this Application and the hourly rate for each such professional; the Application Period 20 and (b) attached as Exhibit 2 are the detailed time and expense records for Local Rules and Compensation that comply with all Northern District of California Bankruptcy 22 States Trustee.

Guidelines and the Guidelines of the Office of the United Notice List 25 23 7. The Firm has served a copy of this Application on the Special 24 in this case.

25 8. In accordance with this Court's "ORDER ESTABLISHING INTERIM 26 FEE APPLICATION AND EXPENSE REIMBURSEMENT PROCEDURE" which was entered 27 ALLOWANCE LLP'S COVER SHEET FEE APPLICATION FOR SKADDEN, ARPS, SLATE, MEAGHER & FLOM FOR THE PERIOD 28 AND REIMBURSEMENT OF EXPENSES AND PAYMENT OF INTERIM COMPENSATION FEBRUARY 1, 2002 THROUGH FEBRUARY 28,2002

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1 on or about July 25, 2001, the Debtor is authorized to make the payment requested herein 2 without a further hearing or order of this Court unless an objection to this Application is filed 3 with the Court by the Debtor, the Committee or the United States Trustee and served by the 4 fifteenth day of the month following the service of this Application. If such an objection is filed, 5 Debtor is authorized to pay the amounts, if any, not subject to the objection. The Firm is 6 informed and believes that this Cover Sheet Application was mailed by first class mail, postage 7 prepaid, on or about April 12, 2002.

8 9. The interim compensation and reimbursement of expenses sought in this 9 Application is on account and is not final. Upon the conclusion of this case, the Firm will seek 10 fees and reimbursement of the expenses incurred for the totality of the services rendered in this the 11 case. Any interim fees or reimbursement of expenses approved by this Court and received by 12 Firm will be credited against such final fees and expenses as may be allowed by this Court.

13 10. The Firm represents and warrants that its billing practices comply with all 14 Northern District of California Bankruptcy Local Rules and Compensation Guidelines and the the 15 Guidelines of the Office of the United States Trustee. Neither the Firm nor any members of 16 Firm has any agreement or understanding of any kind or nature to divide, pay over or share any 17 portion of the fees or expenses to be awarded to the Firm with any other person or attorney 18 except as among the members and associates of the Firm.

19 WHEREFORE, the Firm respectfully requests that the Debtor pay compensation 20 to the Firm as requested herein in accordance with the terms of the "ORDER ESTABLISHING 21 INTERIM FEE APPLICATION AND EXPENSE REIMBURSEMENT PROCEDURE."

22 Dated: April 12, 2002 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP 23 24 25 *ichard-Levi l Jamie L. Edmonson

ý3Special Regulatory Counsel to Debtor and 26 Debtor in Possession 27 FOR ALLOWANCE SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S COVER SHEET FEE APPLICATION 28 AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMIENT OF EXPENSES FOR THE PERIOD FEBRUARY 1, 2002 THROUGH FEBRUARY 28,2002