ML022490009

Skadden, Arps, Slate, Meagher & Flom Llp'S Cover Sheet Application for Allowance & Payment of Interim Compensation & Reimbursement of Expenses for July 2002

ML022490009
Person / Time
Site:	Diablo Canyon
Issue date:	08/30/2002
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: ML022490009 (5)

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 7,-7 Telephone: 213/687-5000 ý50 3t3 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 PACIFIC GAS AND ELECTRIC COMPANY,) Chapter 11 Case a California corporation, )

13 )

Debtor. ) [No Hearing Scheduled]

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 JULY 1, 2002 THROUGH JULY 31, 2002 19 20 Skadden, Arps, Slate, Meagher & Flom LLP (the "Finn") submits its Cover Sheet 21 Application (the "Application") for Allowance and Payment of Interim Compensation and 22 Reimbursement of Expenses for the Period July 1, 2002 through July 31, 2002 (the "Application 23 Period"). In support of the Application, the Finn respectfully represents as follows:

24 1. The Firm is special regulatory counsel to Pacific Gas and Electric 25 Company, the debtor and debtor in possession in the above-referenced bankruptcy case (the 26 "Debtor"). The Finn hereby applies to the Court for allowance and payment of interim 27 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S COVER SHEET FEE APPLICATION FOR ALLOWANCE 28 AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD JULY 1, 2002 THROUGH JULY 31, 2002 0& O

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

3 2. The Firm billed a total of $90,424.46 in fees and expenses during the 4 Application Period. The total fees represent 304.40 hours4.62963e-4 days <br />0.0111 hours <br />6.613757e-5 weeks <br />1.522e-5 months <br /> expended during the period covered by 5 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 total amount of $77,733.11 at this time. This total is comprised as follows: $71,917.65 (85% of 12 the fees for services rendered)' plus $5,815.46 (100% of the expenses incurred).

13

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

14 Application Period Amount Applied For Description Total 15 $384,116.822 April 6 2001 through $ 412,199.69 100% of fees and 16 July 31, 2001 100% of expenses August 1, 2001 $ 232,904.35 85% of fees and $211,716.95 17 through August 31, 100% of expenses 2001 18 September 1, 2001 $182,393.51 85% of fees and $182,363.51 19 through September 100% of expenses 30, 2001 20 October 1, 2001 $351,118.17 85% of fees and $351,118.17 21 through October 31, $100% of expenses 2001 22 November 1, 2001 $327,076.56 85% of fees and $327,076.56 23 through November 100% of expenses 30,2001 24 25 I Payment of this amount would result in a "holdback" of $12,691.35.

26 2 This amount represents the amount allowed from the Firm's first interim fee application, after reduction for certain time and disbursements.

27 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S COVER SHEET FEE APPLICATION FOR ALLOWANCE 28 AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD JULY 1, 2002 THROUGH JULY 31, 2002 1 $49,443.48 85% of fees and $49,443.48 December 1, 2001 through December 100% of expenses 2 31, 2001 3 August 1, 2001 Amounts outstanding $137,056.57 through November from cover sheet fee 4 30,2001 applications less certain reductions 5 from Second Interim Fee Application 6

January 1, 2002 $104,031.40 85% of fees and $104,031.40 7 through January 31, 100% of expenses 2002 8

February 1, 2002 $159,990.72 85% of fees and $159,990.72 9 through February 28, 100% of expenses 2002 10 $89,507.42 85% of fees and $89,507.42 March 1, 2002 through March 31, 100% of expenses 11 2002 12 April 1, 2002 through $111,659.93 85% of fees and $111,659.93 April 30, 2002 100% of expenses 13 December 1, 2001 Amounts outstanding $52,271.96 14 through March 31, from cover sheet fee 2002 applications less 15 certain reductions from Third Interim 16 Fee Application 17 May 1, 2002 through $90,110.23 85% of fees and $90,110.23 May 31, 2002 100% of expenses 18 $28,872.94 85% of fees and $28,872.94 June 1, 2002 through June 30, 2002 100% of expenses 19 20 5. To date, the Firm is owed as follows (excluding amounts owed under this 21 Application):

22 Period Fees, Description 23 Tenth (April 1, 2002 through $18,026.32 15% fee holdback April 30, 2002) 24 Eleventh (May 1, 2002 $14,548.35 15% fee holdback 25 through May 31, 2002)

Twelfth (June 1, 2002 $4,808.77 15% fee holdback 26 1 through June 30, 2002) 27 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S COVER SHEET FEE APPLICATION FOR ALLOWANCE 28 AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD JULY 1, 2002 THROUGH JULY 31,2002 1 [Total Owed to Firm to Date $37,383.44 2 6. With regard to the copies of thiý Application served on counsel for the Committee, counsel for the Debtor and the Office of the United States Trustee, attached as 4

Exhibit 1 hereto is the name of each professional who performed services in connection with this 5 case during the period covered by this Application and the hourly rate for each such professional; 6 and (b) attached as Exhibit 2 are the detailed time and expense records for the Application Period 7 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.

9

7. The Firm has served a copy of this Application on the Special Notice List 10 in this case.

11 8. In accordance with this Court's "ORDER ESTABLISHING INTERIM 12 FEE APPLICATION AND EXPENSE REIMBURSEMENT PROCEDURE" which was entered 13 on or about July 25, 2001, as subsequently amended, the Debtor is authorized to make the 14 payment requested herein without a further hearing or order of this Court unless an objection to 15 this Application is filed with the Court by the Debtor, the Committee or the United States 16 Trustee and served by the fifteenth day of the month following the service of this Application. If 17 such an objection is filed, Debtor is authorized to pay the amounts, if any, not subject to the 18 objection. The Firm is informed and believes that this Cover Sheet Application was mailed by 19 first class mail, postage prepaid, on or about August 30, 2002.

20 9. The interim compensation and reimbursement of expenses sought in this 21 Application is on account and is not final. Upon the conclusion of this case, the Firm will seek 22 fees and reimbursement of the expenses incurred for the totality of the services rendered in this 23 case. Any interim fees or reimbursement of expenses approved by this Court and received by the 24 Firm will be credited against such final fees and expenses as may be allowed by this Court.

25 10. The Firm represents and warrants that its billing practices comply with all 26 Northern District of California Bankruptcy Local Rules and Compensation Guidelines and the 27 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S COVER SHEET FEE APPLICATION FOR ALLOWANCE 28 AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD JULY 1, 2002 THROUGH JULY 31, 2002 1 Guidelines of the Office of the United States Trustee. Neither the Firm nor any members of the 2 Firm has any agreement or understanding of any kind or nature to divide, pay over or share any 3 portion of the fees or expenses to be awarded to the Firm with any other person or attorney 4 except as among the members and associates of the Firm.

5 WHEREFORE, the Firm respectfully requests that the Debtor pay compensation 6 to the Firm as requested herein in accordance with the terms of the "ORDER ESTABLISHING 7 INTERIM FEE APPLICATION AND EXPENSE REIMBURSEMENT PROCEDURE."

8 Dated: August 30, 2002 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP 9

10 By:

11 Counsel to Debtor and Debtor in 12 Possession 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP'S COVER SHEET FEE APPLICATION FOR ALLOWANCE 28 AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD JULY 1, 2002 THROUGH JULY 31,2002