Opinion
CASE NO. 02-43582-H4-11, Jointly Administered
May 6, 2004
Tony L. Visage, BRACEWELL PATTERSON, L.L.P., Stephanie S. Rosenberg Louisiana, Houston, Texas FOR THE DISBURSING AGENT FOR AND ACTING ON BEHALF OF ENCOMPASS SERVICES CORPORATION AND ITS SUBSIDIARIES AS REORGANIZED DEBTORS
Daniel F. Patchin, McCLAIN, LEPPERT MANEY, P.C., Jeffrey B. Price, Houston, TX FOR THE CRAWFORD-BEESON COMPANIES, INC.
ORDER
On April 29, 2004, counsel for (i) Crawford-Beeson Companies, Inc. and (ii) Encompass Services Corporation and The Disbursing Agent, Todd A. Matherne, appeared and announced that the parties settled their disputes claimed in Crawford-Beeson Companies, Inc.'s Motion to Clarify Terms of Sale and The Disbursing Agent's Response and Request for Affirmative Relief. Based upon the settlement terms announced by counsel for the parties and upon the request of counsel, it is ORDERED that:
1. Crawford-Beeson Companies, Inc.'s Motion to Clarify Terms of Sale is DENIED.
2. The Disbursing Agent's Request for Affirmative Relief is GRANTED.
3. Crawford-Beeson Companies, Inc. is ORDERED to pay Encompass Services Corporation and The Disbursing Agent $125,000 (one-hundred twenty five thousand dollars) as follows: Crawford-Beeson Companies, Inc. shall, by electronic wire transfer, pay Encompass Services Corporation and The Disbursing Agent (i) $75,000 (seventy-five thousand dollars) on or before May 6, 2004 and (ii) $50,000 (fifty-thousand dollars) on or before June 7, 2004.
4. Encompass Services Corporation and The Disbursing Agent shall have all writs and processes necessary to the full execution or enforcement of the relief granted by this Order.