ML023180365

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Charles River Associates Incorporated Cover Sheet Application for Allowance and Payment of Interim Compensation and Reimbursement of Expenses for April, 2002
ML023180365
Person / Time
Site: Diablo Canyon  Pacific Gas & Electric icon.png
Issue date: 10/31/2002
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: ML023180365 (4)


Text

1 CHARLES RIVER ASSOCIATES 2

INCORPORATED John Hancock Tower, T-33 s

200 Clarendon Street 3 Boston, MA 02116-5092 Telephone: 617/425-3000 4 Facsimile: 617/425-3132 5 Economic Experts for Debtor and Debtor in Possession 6 PACIFIC GAS AND ELECTRIC COMPANY 7

8 UNITED STATES BANKRUPTCY COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 SAN FRANCISCO DIVISION 11 In re Case No. 0 1-30923 DM 12 PACIFIC GAS AND ELECTRIC Chapter 11 Case HCVOM*

13 COMPANY, a California corporation, RICE hANUX mmN.D 14 Debtor. [NO HEARING REQUESTED]

&PI.AHaN 15 Federal I.D. No. 94-0742640 16 CHARLES RIVER ASSOCIATES INCORPORATED 17 COVER SHEET APPLICATION FOR ALLOWANCE AND PAYMENT OF INTERIM COMPENSATION 18 AND REIMBURSEMENT OF EXPENSES FOR APRIL, 2002 19 Charles River Associates Incorporated (the "Firm") submits its Cover Sheet 20 Application (the "Application") for Allowance and Payment of Interim Compensation and 21 Reimbursement of Expenses for the Period April 20, 2002 through April 30, 2002 (the 22 "Application Period"). In support of the Application, the Firm respectfully represents as 23 follows:

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1. The Firm is providing expert economic advise to Pacific Gas and Electric 25 Company, the debtor and debtor-in-possession in the above-referenced bankruptcy case (the 26 "Debtor"). The Firm hereby applies to the Court for allowance and payment of interim 27 compensation for services rendered and reimbursement of expenses incurred during the 28 WD 02 12 0 2/1 419 90 4

- 7J9 5 45 2 /vl / i i/ , 6 l if

1 Application Period.

2 2. The Firm billed a total of $10,495.30 in fees and expenses during the 3 Application Period. The total fees represent 29.80 hours9.259259e-4 days <br />0.0222 hours <br />1.322751e-4 weeks <br />3.044e-5 months <br /> expended during the Application 4 Period. These fees and expenses break down as follows:

5 6 Period Fees Expenses Total 7 April, 2002 $10,472.00 $23.30 $10,495.30 8

9 3. Accordingly, the Firm seeks allowance of interim compensation in the total 10 amount of $ 8,924.50 at this time. This total is comprised as follows: $8,901.20 (85% of the 11 fees for services rendered) plus $23.30 (100% of the expenses incurred).

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

13 14 Application Period Amount Applied For Description Amount Paid M<.u

&RAIM AN*9.WHIW 15 First (September 20 - $50,945.62 100% of Fees & $50,945.62 16 30, 2001) 100% of Expenses 17 Second (October 1 - $299,964.92 100% of Fees & $299,964.92 18 31, 2001) 100% of Expenses 19 Third (November 1 - $171,364.14 100% of Fees & $171,364.14 20 30, 2001) 100% of Expenses 21 Fourth (December 1 - $8,751.10 100% of Fees & $8,751.10 22 31, 2001) 100% of Expenses 23 Fifth (January 1 - 31, $9,821.86 100% of Fees & $9,821.86 24 2002) 100% of Expenses 25 Sixth (February 1 - $11,521.00 100% of Fees & $11,521.00 26 28, 2002) 100% of Expenses 27 Total Paid to the $552,368.64 $552,368.64 Firm to Date 28 WD 021202/1-1419904/975452/vl 1

2 5. To date, the Firm is owed as follows (excluding amounts owed pursuant to 3 this Application 4

5 Application Period Amount Description 6

7 8 Total Owed to Firm to Date 9

6. With regard to the copies of this Application served on counsel for the 10 Committee, counsel for the Debtor and the Office of the United States Trustee, attached as 11 Exhibit 1 hereto is the name of each professional who performed services in connection with 12 this case during the period covered by this Application and the hourly rate for each such HCVA 13 RKI NE-I 14 professional; and attached as Exhibit 2 is an Account Summary. The detailed time and

,.,.,15 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 16 Office of the United States Trustee have been submitted to the Office of the United States 17 Trustee and mailed to counsel for the Committee and to the Debtor.

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7. The Firm is serving a copy of this Application (without Exhibits) on the 19 Special Notice List in this case.

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8. Pursuant to this Court's "SECOND AMENDED ORDER ESTABLISHING 21 INTERIM FEE APPLICATION AND EXPENSE REIMBURSEMENT PROCEDURE,"

22 which was entered on or about March 18, 2002, the Debtor is authorized to make the payment 23 requested herein without a further hearing or order of this Court, unless an objection to this 24 Application is filed with the Court by the Debtor, the Committee or the United States Trustee 25 and served by the fifteenth day of the month following the service of this Application. If such 26 an objection is filed, Debtor is authorized to pay the amounts, if any, not subject to the 27 objection. The Firm is informed and believes that this Cover Sheet Application was mailed 28 WD 021202/1-1419904/975452/v-1 by first class mail, postage prepaid, on or about October 31, 2002.

2 9. The interim compensation and reimbursement of expenses sought in this 3 Application is on account and is not final. Upon the conclusion of this case, the Firm will 4 seek fees and reimbursement of the expenses incurred for the totality of the services rendered 5 in the case. Any interim fees or reimbursement of expenses approved by this Court and 6 received by the Firm (along with the Firm's retainer) will be credited against such final fees 7 and expenses as may be allowed by this Court.

8 10. The Firm represents and warrants that its billing practices comply with all 9 Northern District of California Bankruptcy Local Rules and Compensation Guidelines and 10 the Guidelines of the Office of the United States Trustee. Neither the Firm nor any members 11 of the Firm has any agreement or understanding of any kind or nature to divide, pay over or 12 share any portion of the fees or expenses to be awarded to the Firm with any other person or RKE 13 attorney except as among the members and associates of the Firm.

m WAIK 14 WHEREFORE, the Firm respectfully requests that the Debtor pay compensation 15 to the Firm as requested herein pursuant to and in accordance with the terms of the 16 "SECOND AMENDED ORDER ESTABLISHING INTERIM FEE APPLICATION AND 17 EXPENSE REIMBURSEMENT PROCEDURE."

18- DATED: October 31, 2002 CHARLES RIVER ASSOCIATES 19 INCORPORATED 20 2BJAMES W. WELLS 22 Experts for Debtor and Debtor in Possession 23 PACIFIC GAS AND ELECTRIC COMPANY 24 25 26 27 28 WD 021202/1-1419904/975452/v-