ML031480622

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Notice of Errata Re Declaration of Thomas E. Lumsden Filed in Support of Sixth Interim Application of FTI Consulting, Inc. for Allowance and Payment of Compensation and Reimbursement of Expenses (December 1, 2002 Through March 31, 2003)
ML031480622
Person / Time
Site: Diablo Canyon  Pacific Gas & Electric icon.png
Issue date: 05/16/2003
From: Lumsden T
FTI Consulting, Official Committee of Unsecured Creditors
To:
Office of Nuclear Reactor Regulation, US Federal Judiciary, Bankruptcy Court, Northern District of California
References
SF 01-30923 DM
Download: ML031480622 (7)


Text

1 Thomas E. Lumsden I LE FTI Consulting Inc.

MAY 1 62003 2

199 Fremont Street San Francisco, CA 94105 U

TITEI AN)IRUPTCY 0URt 3

Telephone; i :(415) 498-5000 CA FBMsI61 Facsimile:

(415) 498-6699 4 l 5 -Accountants and Financial Advisors for Official Committee of Unsecured Creditors 6

7 8

UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA 9

SAN FRANCISCO DIVISION 10 11 In re Case No. SF 01-30923 DM 12 PACIFIC GAS AND ELECTRIC Chapter 11 COMPANY, a California corporation, 13 NOTICE OF ERRATA RE DECLARATION Debtor.

OF THOMAS E. LUMSDEN FILED IN 14 SUPPORT OF SIXTH INTERIM APPLICATION OF FTI CONSULTING, 15 INC. FOR ALLOWANCE AND PAYMENT OF COMPENSATION AND 16, REIMBURSEMENT OF EXPENSES (DECEMBER 1,2002 THROUGH 17 MARCH 31,2003) 18 Hearina:

19 Date: July 7, 2003 Time: 1:30 PM 20 Place: 235 Pine Street, 2 2nd Floor San Francisco, CA 21 22 TO THE HONORABLE DENNIS MONTALI, UNITED STATES BANKRUPTCY JUDGE, THE OFFICE OF THE UNITED STATES TRUSTEE, THE DEBTOR, AND

23.

OTHER PARTIES IN INTEREST:

24 FTI Consulting, Inc. ("FTI") submits this Notice of Errata re Declaration Of 25 Thomas E. Lumsden Filed In Support Of Sixth Interim Application Of FTI Consulting, Inc. For 26 Allowance And Payment Of Compensation And Reimbursement Of Expenses (December 1, 27 2002 Through March 31, 2003) (the "Lumsden Declaration").

28 LAI :#6260967v] 1 I

1.

Paragraph 14 of the Lumsden Declaration states: "Attached hereto as Exhibit "5", is a copy of the Declaration of Clara Yang Strand, executed on, in support of the Sixth Interim Application of FTI Consulting." However, the Lumsden Declaration was inadvertently filed without the Declaration of Clara Yang Strand (the "Strand Declaration").

Attached as Exhibit "I" hereto, and incorporated herein as though set forth in full, is a copy of the Strand Declaration which was executed by Ms. Strand on May 15, 2003.

2.

Also, the Lumsden Declaration was inadvertently filed without Mr.

Lumsden's signature. Attached as Exhibit "2" hereto, and incorporated herein as though set forth in full, is the fully executed signature page for the Lumsden Declaration.

'Dated: May 16, 2003 Respectfully submitted.

FTI CONSULTING, INC By:

e Thomas E. Lumsden Accountants and Financial Advisors to Official Comrnittee of Unsecured Creditors LAI :#6260967vl 2

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5 6

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9 10 11 12 13 14 15 16l 17 18 19 20 21 22 23 24 25 26 27 28

EXHIBIT 1

1 Paul S. Aronzon (88781)

Robert Jay Moore (#77498) 2 Michael I. Sorochinsky (#166708)

MILBANK, TWEED, HADLEY & McCLOY LLP 3

601 South Figueroa Street, 30th Floor Los Angeles, California 90017 4

Telephone:

(213) 892-4000 Facsimile:

(213) 629-5063 5

Counsel for Official Committee 6

of Unsecured Creditors 7

8 9

UNITED STATES BANKRUPTCY COURT 10 NORTHERN DISTRICT OF CALIFORNIA 11 SAN FRANCISCO DIVISION 12 13 14 In re Case No. SF 01-30923 DM PACIFIC GAS AND ELECTRIC Chapter 11 15 COMPANY, a California corporation, 16 Debtor.

DECLARATION OF CLARA YANG STRAND IN SUPPORT OF THE SIXTH 17 INTERIM APPLICATION OF FTI 18 CONSULTING INC. FOR ALLOWANCE AND PAYMENT OF COMPENSATION 19 AND REIMBURSEMENT OF EXPENSES 20 (DECEMBER 1, 2002 THROUGH 20 MARCH 31, 2003) 21 Hearing:

22 Date:

July 7, 2003 23 Time:

1:30 p.m.

Place:

235 Pine Street, 22nd Floor 24 San Francisco, CA 25 26 27 28 LAI :#6259134v]

II Declaration of Clara Yang Strand in Support of Sixth Interim Application I

1 1, Clara Yang Strand, declare:

1.

I am employed by Bank of America, N.A., one of the members of the 3

Official Committee of Unsecured Creditors ("Committee") in the Pacific Gas and Electric 4

Company ("PG&E") chapter 11 bankruptcy case. I am one of the two Co-Chairs of the

.5 Committee. Except as otherwise stated, I have personal knowledge of the facts set forth below, 6

and if called upon, I could and would testify competently with regard thereto. I make this 7

declaration in support of the Sixth Interim Application of FTI Consulting Inc. ("FTI") for 8.

Allowance and Paympent of Coompensation and Reimbursement of Expenses (December 1,'2002 9

Through March 31, 2003) (the "Application").

10 11

2.

I have reviewed the Application, the Declarations of Thomas E. Lumsden 12 filed in support thereof, and FTI's invoices for December 1, 2002 through March 31, 2003.

13

3.

I believe that the fees and costs requested by FTI for the period of 14 December 1, 2002 through March 31, 2003 are appropriate and reasonable. Based on my 15 experience with FTI, their work on behalf of the Committee has been done in a professional and 1 6 efficient manner. Moreover, all of the work performed by FTI was approved by the Committee.

17 Accordingly, I believe that FTI's request for fees and reimbursement of expenses should be approved.

19 20

'I declare under penalty of peijury under the laws of the United States of Afferica 21 that the foregoing is true and correct.

22 Executed this __ day of May, 2003 at Los Angeles, California.

23 24 25 26 Clara Yang Strand 27 28 LAI:#6259134vl Declaration of Clara Yang Strand in Support of Sixth Interim Application F

EXEIBIT 2

1

10.

Attached hereto as Exhibit "I" is a summary of the total hours expc 2

billing rate, and fees incurred by each FTI professional during the Sixth Application Perio

11.

Attached hereto as Exhibit "2" and "Exhibit 2-1" is a -summary of e; 4

category of services, setting forth the name of each professional who expended time in tha category and the total hours and amount billed by each professional in that category during 6

Sixth Application Period.

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12.

Attached hereto as Exhibit "3" are Expense Summary and Expense I 9

reports by individual and itemized total expenses for which reimbursement is sought.

1 0

13.

Attached hereto as Exhibit "4", is a summary of meetings that more 1 two FTI professionals attended with a description of the relative importance of each team 12 member and the purpose of their involvement at the meetings.

1 3 14

14.

Attached hereto as Exhibit "5", is a copy of the Declaration of Clara' 15 Strand, executed on, in support of the Sixth Interim Application of FTI Consulting.

16 I declare under penalty of perjury under the laws of the United States of Ame 17 that the foregoing is true and correct.

1 8 19 Executed this 14'h day of May, 2003 at San Francisco, C iforma.

20 22 Thomas E. Lumsden 23 24 25 26 27 28 34