ML20214J652
| ML20214J652 | |
| Person / Time | |
|---|---|
| Site: | River Bend  |
| Issue date: | 11/24/1986 |
| From: | Harold Denton Office of Nuclear Reactor Regulation |
| To: | William Cahill GULF STATES UTILITIES CO. |
| References | |
| NUDOCS 8612010381 | |
| Download: ML20214J652 (2) | |
Text
r Docket No. 50-458 DISTRIBUTION NOV 241986 i e
M0'Brien Mr. William J. Cahill, Jr.
NRC POR SStern Senior Vice President Local PDR Pirfo, 0GC River Bend Nuclear Group PD#4 Reading EJordan Gulf States Utilities Company HDenton BGrimes P. O. Box 2951 RVollmer JPartlow Beaumont,: Texas 77704 RBernero NThompson Attn: Mr. J. E. Booker WHouston TBarnhart(4)
WButler ACRS (10)
Dear Mr. Cahill:
ORAS OPA
SUBJECT:
EFFECTS OF POTENTIAL BANKRUPTCY ON RIVER BEND STATION Recently, it was brought to my attention that Gulf States Utilities (GSU) has informed the Securities and Exchange Commission that GSU may seek protection from creditors under the Bankruptcy Code.
I am concerned that the bankruptcy or even the pendency of bankruptcy could negatively impact activities associated with River Bend Station.
We foresee that this action could adversely affect the quality of such activities as:
(1) filling planned or needed staff positions at both the plant and corporate office, (2) implementation of training program plans and commitments, (3) scheduled plant maintenance tasks, including implementation of preventive maintenance programs, (4) timely completion of scheduled plant design changes and modifications affecting safety, (5) procurement of new and replacement parts, and (6) management and quality assurance oversight functions.
We recognize that your financial structure is principally a matter between GSU and appropriate state and federal bodies with authority over financial matters.
However, you should thoroughly evaluate your plans in this regard to assure that they do not contain elements which could affect the continued safe operation of the River Bend facility or delay fulfillment of your commitments to the NRC.
Pleasq provide me with the results of your evaluation by December 15, 1986.
Moreover, rearrangement of corporate management or management of corporate assets, may require NRC approval. This should be kept in mind in connection with any change in the control of the corporation or control of the River Bend facility. NRC should be kept informed of developments in this matter.
We would be pleased to discuss this matter further, if you desire.
Sincerely, Mgad med t1 b
H. R. Dwnx Harold R. Denton, Director g1E Office of Nuclear Reactor Regulation cc: See next page
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Mr. William J. Cahill, Jr.
Gulf States Utilities Company River Bend Nuclear Plant cc:
Troy B. Conner, Jr., Esq.
Mr. J. E. Booker Conner and Wetterbahn Manager-Engineering, Nuclear Fuels &
1747 Pennsylvania Avenue,-NW Licensing Washington, D.C.
20006 Gulf States Utilities Company P. O. Box 2951 Beaumont, Texas 77704 Mr. Edward Grant Director - Nuclear Licensing Mr. William H. Spell, Administrator Gulf States Utilities Company Nuclear Energy Division P. O. Box 2951 Office of Environmental Affairs Beaumont, Texas 77704 P. O. Box 14690 Baton Rouge, Louisiana 70898 Richard M. Troy, Jr., Esq.
Assistant Attorney General in Charge Mr. J. David McNeill, III State of Louisiana Department of Justice William,G. Davis, Esq.
234 Loyola Avenue Department of Justice hew Orleans, Louisiana 70112 Attorney General's Office 7434 Perkins Road Resident Inspector Baton Rouge, Louisiana 70808 P. O. Box 1051 St. Francisville, Louisiana 70775 H. Anne Plettinger 3456 Villa Rose Drive Gretchen R. Rothschild Baton Rouge, Louisiana 70806 Louisianians for Safe Energy, Inc.
1659 Glenmore Avenue Baton Rouge, Louisiana 70775 President of West Feliciana Police Jury Regional Administrator, Region IV P. O. Box 1921 U.S. Nuclear Regulatory Commission St. Francisville, Louisiana 70775 Office of Executive Director for Operations Mr. Frank J. Uddo l
611 Ryan Plaza Drive, Suite 1000 Uddo & Porter Arlington, Texas 76011 6305 Elysian Fields Avenue 1
Suite 400 New Orleans, Louisiana 70122 i
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