ML023290298
| ML023290298 | |
| Person / Time | |
|---|---|
| Site: | Diablo Canyon  |
| Issue date: | 11/15/2002 |
| From: | Schulman E US Federal Judiciary, Bankruptcy Court, Northern District of California |
| To: | Howard, Rice, Nemerovski, Canady, Falk & Rabkin, Office of Nuclear Reactor Regulation |
| References | |
| 01-30923 DM, 94-0742640 | |
| Download: ML023290298 (7) | |
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-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 NOTICE OF ENTRY OF ORDER APPROVING STIPULATION VALUING CLAIM FOR FEASIBILITY PURPOSES ONLY AND MODIFYING AUTOMATIC STAY (GERI MARCHETTI, CLAIM NO. 3831)
NOTICE OF ENTRY OF ORDER APPROVING STIPULATION JAMES L. LOPES (No. 63678)
JEFFREY L. SCHAFFER (No. 91404)
ETHAN P. SCHULMAN (No. 112466)
LINDA Q. FOY (No. 148764)
HOWARD, RICE, NEMEROVSKI, CANADY, FALK & RABKIN A Professional Corporation Three Embarcadero Center, 7th Floor San Francisco, California 94111-4065 Telephone:
415/434-1600 Facsimile:
415/217-5910 Attorneys for Debtor and Debtor in Possession PACIFIC GAS AND ELECTRIC COMPANY UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION X'a.. A C/i ý C.
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PLEASE TAKE NOTICE that on November 12,2002, the above-captioned Bankruptcy Court filed its Order approving Stipulation Valuing Claim For Feasibility Purposes Only And Modifying Automatic Stay (Geri Marchetti, Claim No. 3831), a copy of which is attached as Exhibit 1.
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15 16 17 18 19 20 21 22 23 24 25 26 27 28 DATED: November 15, 2002.
HOWARD, RICE, NEMEROVSKI, CANADY, FALK & RABKIN A Professional Corporation By:
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ETHAN P. SCHULMAN Attorneys for Debtor and Debtor in Possession PACIFIC GAS AND ELECTRIC COMPANY WD 11 1502/1-1419968/1037455/vl NOTICE OF ENTRY OF ORDER APPROVING STIPULATION 1 2
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9 10 11 JAMES L. LOPES (No. 63678)
JEFFREY L. SCHAFFER (No. 91404)
ETHAN P. SCHULMAN (No. 112466)
LINDA Q. FOY (No. 148764)
HOWARD, RICE, NEMEROVSKI, CANADY,
- FALK & RABKIN A'Professional Corporation Three Embarcadero Center, 7th Floor San Francisco, California 94111-4065 Telephone:
415/434-1600 Facsimile:
415/217-5910 Attorneys for Debtor and Debtor in Possession PACIFIC GAS AND ELECTRIC COMPANY UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA NORTHERN DIVISION 12 HOMO 13 RCE 141, OV0 1 G',NwID 14 EIMMON Ah,..,w.s. 15 16 17 18 19 20 21 22 23 24 25 26, 27 28 PACIFIC GAS AND ELECTRIC COMPANY, a California corporation, Debtor.
Federal I.D. No. 94-0742640 Case No. 01-30923 DM Chapter 11 case STIPULATION AND [PROPOSED]
ORDER VALUING CLAIM FOR FEASIBILITY PURPOSES ONLY AND MODIFYING AUTOMATIC STAY (GERI MARCHETTI, CLAIM NO 3831)
STIP. & [PROP.] ORDER VALUING CLAIM & MODIFYING AUTOMATIC STAY (MARCHETTI, (Claim 43831))
FILED
,02 NOV 12 PM 4: 46 U.S1BANIKRUPTCY COURT NORTHERH DIST. OF CA.
SAN FRANcISCO, CA.
HOWARD,RICE PECEIVEDICALENDARED BY. _t NOV 14 2002 DATES T.O j
I RECITALS 2
A.
On or about August 15, 2001, Geri Marchetti ("Claimant"), filed an unsecured 3
Proof of Claim No. 3831 against the estate of Pacific Gas and Electric Company ("PG&E")
4 in the total amount of $8,104.440.00 (the "Claim"); as of September 2002, the adjusted 5
amount of the Claim is $1,379,162.00 plus attorney's.fees. The Claim is based upon on a 6
First Amended Complaint filed in San Francisco Superior Court on or about December 11.
7 2000 ("Complaint"), styled as Marchetti v. Pacific Gas and Electric Company (Case No.
8 317231) (the "Litigation"), and alleges (1) discrimination based upon disability and (2) 9 retaliation for.having filed union grievances; Marchetti seeks compensatory damages in the 10 form of lost wages and benefits, and punitive damages.
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PG&E filed a voluntary petition under.Chapter 11 of the Bankruptcy Code on 12 April 6, 2001 in the United States Bankruptcy Court for the Northern District of California.
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Pursuant to the automatic stay provisions of Section 362 of the Bankruptcy Code, RMC CAMtht 14 the Litigation is automatically stayed by virtue of the filing of PG&E's voluntary bankruptcy 15 petition.
16 17 STIPULATION 18 IT IS HEREBY STIPULATED BETWEEN THE PARTIES as follows:
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Solely for the purpose of determining the financial feasibility of the Plan of 20 Reorganization Under Chapter 11 of the Bankruptcy Code for Pacific Gas & Electric 21 Company (dated April 19, 2002) filed by PG&E and PG&E Corporation (the '"PG&E Plan"),
22 pursuant to 11 U.S.C. §1 129(a)( 11), the Claim shall be valued by the Court in the amount of 23
$750,000.00. This valuation shall be for feasibility purposes only, shall not determine or 24 affect the allowance of the Claim, and shall not be binding on or admissible in the Superior 25 Court in which the Litigation is pending. Debtor hereby waives any right it has under 11 26 U.S.C. §502(c) to have the above valuation made for purpose of allowance.
27 28 STIP. & [PROP.] ORDER VALUING CLAIM & MODIFYING AUTOMATIC STAY (MARCHETTI, (Claim #3831))
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. 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DATED: October 1 2002 DATED: Oi5r__,
2002 LAW OFFICES OF ALBERT M. KUN By: (&
A 1zi ALBERT M. KUN Attorneys for Claimant GERI MARCHETTI HOWARD, RICE, NEMEROVSKI, CANADY, FALK & RABKJN A Professional Corporation By:
W& Lý/O" LINDA Q.YJOY Attorneys for Debtor and Debtor in Possession PACIFIC GAS AND ELECTRIC COMPANY STIP. & [PROP.] ORDER VALUING CLAIM & MODIFYING AUTOMATIC STAY (MARCHET., (Claim #3831)) HOAR CAML hu~
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The automatic stay of Section 362(a) of the Bankruptcy Code is modified for the limited purpose of allowing Claimant to continue prosecuting the Litigation against PG&E in the Superior Court to final judgment; provided, however, that nothing herein shall be deemed to allow Claimant to enforce, collect, assess or recover any judgment or settlement against PG&E that may be entered in such action, other than pursuant to a properly filed proof of claim in the within Chapter 11 casei a confirmed plan of reorganization, and/or order of this Court.
APPROVED:
DATED: October 2002 1
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SO ORDERED this day of A1&4*
002:
QFNNIS MONTALI HONORABLE DENNIS MONTALI UNITED STATES BANKRUPTCY JUDGE
.HO.imm 13 RIME aw 14 AR o.&.,. 15 16 17 18 19 20 "21 22 23 24 25 26 27 28 WD 101602/1-1419968/129/10272141vl STIP. & [PROP.] ORDER VALUING CLAIM & MODIFYING AUTOMATIC STAY (MARCHETI71, (Claim #3831)) MILBANK, TWEED, HADLEY & McCLOY By:
MICHAEL SOROCHINSKY Attorneys for OFFICIAL COMMITTEE OF UNSECURED CREDITORS 6
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9 10 11 12 S13 S14 AA lim15 16 17 18 19 20 21 22 23 24 25 26 27 28 APPROVE1:
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02 MILBANK, TWEED, HAD By:
7M NfCHAEESUOUM-K Attomeys for OFFICIAL COMMITTEE OF UNSECURED CREDITORS SO ORDERED this day of
,2002:
HONORABLE DENNIS MONTALI UNITED STATES BANKRUPTCY JUDGE WI) 191 6O2/I-I419960/12/107210iv STIP. & [PROP.] ORDER VALUING CLAIM & MODWFYING AUTOMATIC STAY (MARCHETTI, (Claim #3831))
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