ML030650906
| ML030650906 | |
| Person / Time | |
|---|---|
| Site: | Diablo Canyon  |
| Issue date: | 02/26/2003 |
| From: | Sullivan J Innisfree M&A |
| To: | Office of Nuclear Reactor Regulation, US Federal Judiciary, Bankruptcy Court, Northern District of California |
| References | |
| 01-30923, 94-0742640 | |
| Download: ML030650906 (4) | |
Text
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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 CO,
- Debtor.
Federal I.D. No. 94-0742640 Case No. 0 1-30923 Chapter 11 Case
[No Hearing Scheduled]
SECOND COVER SHEET APPLICATION BY INNISFREE M&A INCORPORATED FOR ALLOWANCE AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD DECEMBER 01, 2002 - JANUARY 30, 2003 Innisfree M&A Incorporated ("Applicant" or "Innisfree"), submits its second Cover Sheet Application (the "Application"), for Allowance and Payment of Interim Compensation and Reimbursement of Expenses for the period of December 01, 2002 January 30, 2003 (the "Application Period"). In support of the Application, Innisfree respectfully represents as follows:
- 1.
Innisfree is the Voting Agent to Pacific Gas and Electric Company, debtor and debtor-in-possession (the "Debtor"), in the above-referenced bankruptcy case. Innisfree 1
INNISFREE M&A INCORPORATED 501 Madison Avenue, 20'h Floor New York, NY 10022 Telephone: (212) 750-5833 Facsimile: (212) 750-5799 Voting Agent to the Debtor UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION 4ý1 elof ý-e
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9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Period Fees Expenses Total December 01, 2002 -
$30,198.37
$0
$30,198.37 January 30, 2003
- 3.
Innisfree seeks allowance of interim compensation in the total amount of
$25,668.61. This total is comprised as follows:
$25,668.61 (85% of the total fees for services rendered).
There were no expenses incurred during the Application Period.
- 4.
Innisfree has been paid to date as follows:
Period Amount Description Amount Paid Applied for October 1, 2001 -
$393,210.90 100% total
$393,210.90 November 30, 2002 Expenses and 85%
of total Fees
- 5.
To date, Innisfree is owed as follows:
Application Period Amount Description f
October 1, 2001 -
$ 83,381.55 15% of total fees November 30, 2002I 2
hereby applies to the Court for allowance and payment of interim compensation for services rendered and reimbursement of expenses billed during the Application Period, but incurred previously, which Innisfree inadvertently omitted from its November 2002 invoice.
- 2.
Innisfree billed a total of $30,198.37 in fees and expenses during the Application Period. These fees would have totaled, $35,527.50, but Innisfree voluntarily reduced the amount by 15% due to late billing.
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With regard to the copies of this Application served on Counsel for the 2
Committee, Counsel for the Debtor and the Office of the United States Trustee, attached as 3
Exhibit 1 hereto, is the invoice for the Application Period that complies with all Northern 4
5 District of California Bankruptcy Local Rules and Compensation Guidelines and the 6
Guidelines of the Office of the United States Trustee. There are no additional time records to report during this Application period.
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Innisfree is informed and believes that a copy of this Application (without 9
10 Exhibits) will be served on or about February 28, 2003, to the Special Notice List in this 11 case.
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- 8.
Pursuant to this Court's "SECOND AMENDED ORDER ESTABLISING 13 INTERIM FEE APPLICATION AND EXPENSE REIMBURSEMENT PROCEDURE" 14 15 which was entered on or about March 18, 2002, the Debtor is authorized to make the 16 payment requested herein without a further hearing or order of this Court unless an objection 17 to this Application is filed with the Court by the Debtor, or the United States Trustee and 18 served by the fifteenth day of the month following the service of this Application. If such an 19 20 objection is filed, the Debtor is authorized to pay the amounts, if any, not subject to the 21 objection. Irmisfree first hand sent this Cover Sheet Application via Federal Express on or 22 about February 26, 2003.
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- 9.
The interim compensation and reimbursement of fees and expenses sought in this 24 25 case is on account and is not final. Upon the conclusion of this case, Innisfree will seek fees 26 and reimbursement incurred for the totality of the services rendered in the case. Any interim 27 28 3
1 fees or reimbursement of expenses approved by this Court and received by Innisfree will be 2
credited against such final fees and expenses as may be allowed by this court.
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- 10. Innisfree believes and accordingly, it represents and warrants that its billing 4
5 practices comply with all Northern District of California Bankruptcy Local Rules and 6
Compensation Guidelines and the Guidelines of the office of the United States Trustee.
7 Neither Innisfree nor any members of Innisfree has any agreement or understanding of any 8
kind or nature to divide, pay over or share any portion of the fees or expenses to be awarded 9
10 to Innisfree with any other person except as among the members and associates of Innisfree.
11 WHEREFORE, Innisfree respectfully requests that the Debtor pay compensation to 12 Innisfree as requested herein pursuant to and in accordance with the terms of the "SECOND 13 AMENDED ORDER ESTABLISING INTERIM FEE APPLICATION AND EXPENSE 14 15 REIMBURSEMENT PROCEDURE."
16 17 Dated:
i
Ž CO0 18 INNISFREE M&A INCORPORATED 19 B y:
4,_t,_5_
_k_
20 Jane Sullivan 21 Voting Agent to the Debtor 22 23 24 25 26 27 28 4