Opinion
Case No. 01-61119 (DHA), Jointly Administered
May 23, 2002
Dion W. Hayes, McGUIREWOODS LLP, Richmond, VA., and Marc Abrams, WILLKIE FARR GALLAGHER, New York, NY., Co-Counsel to the Reorganized Debtors.
James M. Nolan, Jonathan L. Hauser, TROUTMAN SANDERS LLP, Richmond, VA., Steven R. Gross, DEBEVOISE PLIMPTON, New York, NY., Co-Counsel for the Official Committee of Unsecured Creditors.
THIS matter came before the Court upon the Final Applications for Compensation and Reimbursement of Expenses of McGuire Woods LLP, co-bankruptcy counsel for the above-captioned reorganized debtors (collectively and including as applicable the pre-emergence debtors and debtors in possession, the "Debtors"); Willkie, Farr Gallagher, co-bankruptcy counsel to the Debtors; Arthur Andersen LLP, accountants to the Debtors; The Blackstone Group L.P., financial advisors to the Debtors; Wachtell, Lipton, Rosen Katz, special corporate counsel to the Debtors; Debevoise Plimpton, co-counsel to the Official Committee of Unsecured Creditors (the "Committee"); Troutman Sanders LLP, co-counsel to the Committee; and Houlihan Lokey Howard Zukin Capital, financial advisors to the Committee (collectively, the "Applications"). It appearing to the Court that (1) notice of the Applications has been given to all necessary parties; (2) no objections to the Applications have been filed; (3) the Applications meet the requirements of the Bankruptcy Code; and (4) the compensation for services rendered and reimbursement of expenses sought in the Application are fair and reasonable;
it is hereby ADJUDGED, ORDERED and DECREED that:
1. The Applications are hereby approved, and final compensation and reimbursement in the total amounts detailed in the chart below are hereby approved, and the Debtors are hereby authorized and directed to pay immediately to such professionals the unpaid portions of such amounts.
FINAL FINAL PROFESSIONAL COMPENSATION REIMBURSEMENT McGuire Woods LLP $2,071,906.50 $134,748.43 Willkie Farr and Gallagher $1,504,360.00 $63,555.97 Arthur Andersen LLP $804,313.20 $12,005.25 The Blackstone Group L.P. $7,700,000.00 $27,486.73 Wachtell, Lipton, Rosen $32,807.00 $2,269.44 Katz Debevoise Plimpton $1,286,942.80 $102,038.15 Troutman Sanders LLP $111,750.00 $2,631.04 Houlihan Lokey Howard $1,575,892.86 $9,348.56 Zukin Capital 2. Further, the compensation for services rendered and reimbursement of expenses approved by this Court's December 27, 2001 Order Approving First Interim Applications for Compensation and Reimbursement of Expenses of Estate Professionals (the "Interim Order") are hereby finally approved.