Opinion
Case No. 01-16034 (AJG), Jointly Administered
December 4, 2003
J. Michael Hennigan, Robert L. Palmer, Bruce R. Macleod, Kirk D. Dillman, Hennigan, Bennett Dorman LLP, Los Angeles, California, of Counsel for Plaintiffs
Richard W. Clary, Julie A. North, CRAVATH, SWAINE MOORE LLP, New York, NY, of Counsel for Credit Suisse FirstBoston (USA), Inc., Credit SuisseFirst Boston Corporation, Donaldson, Lufkin Jenrette Securities Corp. and Credit Suisse First Boston Inc.
Brad S. Karp, Michael E. Gertzman, Jonathan Hurwitz, PAUL, WEISS, RIFKIND, WHARTON GARRISON, New York, NY, of Counsel for Citigroup, Inc., Citicorp, Citibank N.A., Citicorp North America, Inc., and Salomon Smith Barney, Inc.
Lawrence Byrne, Owen Pell, Lance Croffoot-Suede, WHITE CASE, New York, NY, of Counsel for Deutsche Bane Alex.Brown, Deutsche Bane Alex. Brown Inc., and Deutsche Bank Securities Inc.
Barry H. Berke, Stephen Sinaiko, KRAMER LEVIN NAFTALIS FRANKEL LLP, New York, NY, of Counsel for The Bear Stearns Companies Inc.; Bear, Stearns Co. Inc.
Robert A. Sacks, Brendan Cullen, SULLIVAN CROMWELL, Los Angeles, CA, of Counsel for UBS Warburg LLC
David L. Garden, Robert C. Micheletto, JONES DAY, New York, NY, for Lehman Brothers Holdings Inc., and Lehman Brothers Inc.
Thomas C. Rice, Bruce D. Angiolillo, Jonathan K. Youngwood, SIMPSON THACHER BARTLETT LLP, Los Angeles, CA, of Counsel for J.P. Morgan Chase Co., J.P. Morgan Securities Inc., JP Morgan Chase Bank
Diane Harvey, WEIL, GOTSHAL MANGES LLP, New York, New York, of Counsel for Enron Corp.
Patrick M. Roby, ELDERKIN PIRNIE, P.L.C., Cedar Rapids, IA, for AUSA LIFE INSURANCE COMPANY, INC.; FIRST AUSA LIFE INSURANCE COMPANY; IDEX TRANSAMERICA CONSERVATIVE HIGH YIELD BOND FUND; LIFE INVESTORS INSURANCE COMPANY OF AMERICA; MONUMENTAL LIFE INSURANCE COMPANY; PEOPLES BENEFIT LIFE INSURANCE COMPANY; TRANSAMERICA ASSURANCE COMPANY; TRANSAMERICA LIFE INSURANCE AND ANNUITY COMPANY; TRANSAMERICA LIFE INSURANCE COMPANY; TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY; TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY MODIFIED SEPARATE ACCOUNT-TRIPLE A (AMBAC); (CLICO) SEPARATE ACCOUNT-QUALIFIED COMMINGLED BOND (TRAC)
William F. Fanter, BRADSHAW, FOWLER, PROCTOR FAIRGRAVE, P.C., Des Moines, IA, for PRINCIPAL GLOBAL INVESTORS LLC; PRINCIPAL LIFE INSURANCE COMPANY; PRINCIPAL BALANCED FUND, INC.; PRINCIPAL BOND FUND, INC.; PRINCIPAL INVESTORS FUND, INC.; PRINCIPAL LIMITED TERM BOND, INC.; PRINCIPAL VARIABLE CONTRACTS FUND, INC.; NIPPON LIFE INSURANCE COMPANY OF AMERICA; OSPREY ASSOCIATES LLC
Richard Clary, Cravath, Swaine Moore LLP, for Credit Suisse First Boston (USA), Inc., Credit Suisse First Boston, Donaldson, Lufkin Jenrette Securities Corp. and Credit Suisse First Boston Inc.
Jeffrey A. Richmond, Heller Ehrman White McAuliffe LLP, for Credit Suisse First Boston (USA), Inc., Credit Suisse First Boston, Donaldson, Lufkin Jenrette Securities Corp. and Credit Suisse First Boston Inc.
Robert C. Mecheletto, Jones Day, for Lehman Brothers Holdings Inc. and Lehman Brothers Inc.
Neal S. Robb, Keesal Young Logan, for The Bear Stearns Companies Inc. and Bear, Stearns Co. Inc.
Jonathan Hurwitz, Paul Weiss Rifkind Wharton Garrison LLP, for Citigroup, Inc., Citicorp, Citibank N.A., Citicorp North America, Inc., and Salomon Smith Barney, Inc.
John Rubiner, Citigroup, Inc., Bird, Marella, Boxer Wolpert APC, for Citicorp, Citibank N.A., Citicorp North America, Inc., and Salomon Smith Barney, Inc
Lawrence Byrne, White Case LLP, for Deutsche Bank
Dennis W. Johnson, Dorsey Whitney LLP, for Citigroup, Inc., Citicorp, Citibank N.A., Citicorp North America, Inc., and Salomon Smith Barney, Inc
Brent B. Green, Duncan, Green, Brown, Langeness Eckley, P.C., for Lehman Brothers Holdings Inc. and Lehman Brothers Inc.
Chet Kronenberg, Simpson Thatcher Bartlett LLP, for J.P. Morgan Chase Co; J.P. Morgan Securities Inc.; JP Morgan Chase Bank
Robert A. Sacks, Sullivan Cromwell LLP, for UBS Securities LLC
Stephen Sinaiko, Kramer, Levin Naftalis Frankel LLP, for The Bear Stearns Companies Inc.; Bear, Stearns Co. Inc.
Bruce E. Johnson, Lewis, Webster, Johnson Van Winkle, L.L.P., for Deutsche Bane Alex. Brown, Deutsche Bane Alex. Brown Inc., and Deutsche Bank Securities Inc.
Joseph R. Gunderson, Gunderson, Sharp Walke, P.C., for The Bear Stearns Companies Inc. and Bear, Stearns Co. Inc.
Richard W. Lozier, Jr., Belin Lamson McCormick Zumbach Flynn, A Professional Corporation, for UBS Securities, LLC
Kevin J. Driscoll, Finley, Alt, Smith, Scharnberg, Craig, Hilmes Gaffney, P.C., for J.P. Morgan Chase Co., J.P. Morgan Securities, Inc., JP Morgan Chase Bank
Thomas D. Hanson, Hanson, Bjork Russell, L.L.P., for Credit Suisse First Boston, Inc.; Credit Suisse First Boston (USA), Inc.; Credit Suisse First Boston Corporation; Donaldson, Lufkin Jenrette Securities Corporation
Kirk D. Dillman, Hennigan, Bennett Dorman LLP, for AUSA LIFE INSURANCE COMPANY, INC.; FIRST AUSA LIFE INSURANCE COMPANY; IDEX TRANSAMERICA CONSERVATIVE HIGH YIELD BOND FUND; LIFE INVESTORS INSURANCE COMPANY OF AMERICA; MONUMENTAL LIFE INSURANCE COMPANY; PEOPLES BENEFIT LIFE INSURANCE COMPANY; TRANSAMERICA ASSURANCE COMPANY; TRANSAMERICA LIFE INSURANCE AND ANNUITY COMPANY; TRANSAMERICA LIFE INSURANCE COMPANY; TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY; TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY MODIFIED SEPARATE ACCOUNT-TRIPLE A (AMBAC); (CLICO) SEPARATE ACCOUNT-QUALIFIED COMMINGLED BOND (TRAC); PACIFIC INVESTMENT MANAGEMENT COMPANY, LLC; TOTAL RETURN FUND, A SERIES OF PIMCO FUNDS, MARYLAND STATE RETIREMENT AND PENSION SYSTEMS; PITNEY BOWES INC. EMPLOYEES RETIREMENT PLAN; NEBRASKA INVESTMENT COUNCIL FOR THE SCHOOL RETIREMENT SYSTEM, THE STATE PATROL RETIREMENT SYSTEM AND THE JUDGE'S RETIREMENT SYSTEM; EMPLOYEES' RETIREMENT SYSTEM OF BALTIMORE COUNTY; OPPENHEIMER CAPITAL SECURITIES INVESTMENT TRUST TOTAL RETURN II TRUST; OPPENHEIMER CAPITAL SECURITIES INVESTMENT TRUST MODERATE DURATION TRUST; NIAGARA MOHAWK PENSION PLAN; LOUISIANA FIREFIGHTERS RETIREMENT SYSTEM; GROUP TRUST AGREEMENT PURSUANT TO THE HEWLETT-PACKARD COMPANY DEFERRED PROFIT-SHARING PLAN AND RETIREMENT PLAN AND THE AGILENT TECHNOLOGIES, INC. DEFERRED PROFIT SHARING PLAN AND RETIREMENT PLAN; SAN DIEGO CITY EMPLOYEES' RETIREMENT SYSTEM; KELLOGG COMPANY MASTER RETIREMENT TRUST; DIRECTORS GUILD OF AMERICA — PRODUCER SUPPLEMENTAL PENSION PLAN; DIRECTORS GUILD OF AMERICA — PRODUCER BASIC PENSION PLAN; PLAN OF BENEFITS OF THE CENTRAL PENSION FUND OF THE INTERNATIONAL UNION OF OPERATING ENGINEERS PARTICIPATING EMPLOYERS; AND STOCKSPLUS SUB-FUND B, LLC; PRINCIPAL GLOBAL INVESTORS LLC; PRINCIPAL LIFE INSURANCE COMPANY; PRINCIPAL BALANCED FUND, INC.; PRINCIPAL BOND FUND, INC.; PRINCIPAL INVESTORS FUND, INC.; PRINCIPAL LIMITED TERM BOND, INC.; PRINCIPAL VARIABLE CONTRACTS FUND, INC.; NIPPON LIFE INSURANCE COMPANY OF AMERICA; OSPREY ASSOCIATES LLC; OCM OPPORTUNITIES FUND III, L.P.; and OCM OPPORTUNITIES FUND IV, L.P.
AGREED ORDER MODIFYING AUTOMATIC STAY TO PERMIT ACCESS TO DOCUMENTS THE DEBTOR PRODUCED TO THE UNITED STATES GOVERNMENT AND THE NEWBY PLAINTIFFS
Upon the request of the parties in the actions entitledPrincipal Global Investors LLC, et al. v. Citigroup, Inc., et al., Iowa District Court for Polk County Case No. CL 90942 ("Principal action"), AUSA Life Insurance Company, Inc., et al. v. Citigroup, Inc., et al., Iowa District Court for Linn County Case No. LACV 044263 ("AEGON action"), Pacific Investment Management Company, LLC, et al. v. Citigroup, Inc., et al., Orange County Superior Court Case No. 02CC00300 (Coordination Proceeding No. 4306) ("PIMCO action") and OCM Opportunities Fund III, L.P., et al. v. Citigroup, Inc., et aL, Los Angeles Superior Court Case No. BC283342 (Coordination Proceeding No. 4306) ("Oaktree action") (collectively, the "Actions"), to obtain copies of certain documents produced by Enron Corp. ("Enron") to the United States Government and to plaintiffs in the consolidated Newby Class Action, as defined below; and upon consent of the undersigned parties and after due deliberation and sufficient cause appearing therefor, it is hereby:
ORDERED that upon delivery of an executed Confidentiality Agreement to Enron in the form annexed hereto as Exhibit "A", and subject to Enron's right to assert all applicable privileges, Enron shall grant the parties to the Actions access to the electronic document depository established in connection with the consolidated Newbv Class Action, styledNewbv, et al. v. Enron Corp., et al., 01-3624 (S.D. Tex. 2001) (See October 30, 2002 Order Establishing Document Depository), to view and duplicate (a) all documents and materials Enron produced in connection with any inquiries or investigations into the Company's business affairs that were provided (1) to any committee of the Legislative branch of the United States Government, or (2) in response to any subpoena or written request of the Executive branch of the United States Government, including, but not limited to, the United States Department of Justice and Securities and Exchange Commission; and (b) copies of all transcripts of witness interviews taken or conducted by (1) the foregoing governmental bodies or (2) Wilmer, Cutler Pickering in connection with its representation of the Special Investigative Committee of the Board of Directors of the Enron Corp. or depositions in Enron's possession, custody or control given or taken in connection with said inquiries or investigations; and it is further
ORDERED that each party requesting such documents shall separately pay all costs incurred in connection with accessing the electronic document depository and duplicating documents in that depository; and it is further
ORDERED that the entry of this Order is without prejudice to any application or motion that may be made in the Actions by any party concerning the documents that are the subject of this Order.
CONFIDENTIALITY AGREEMENT
The undersigned Client and Law Firm agree that Enron's documents (including images thereof and coding therefrom) received from or through Lex Solutio (1) will be used solely in and for the actions entitledPrincipal Global Investors LLC, et al. v. Citigroup, Inc., et al., Iowa District Court for Polk County Case No. CL 90942 ("Principal action"), AUSA Life Insurance Company, Inc., et al. v. Citigroup, Inc., et al., Iowa District Court for Linn County Case No. LACV 044263 ("AEGON action"), Pacific Investment Management Company, LLC, et al. v. Citigroup, Inc., et al., Orange County Superior Court Case No. 02CC00300 (Coordination Proceeding No. 4306) ("PIMCO action") and OCM Opportunities Fund III, L.P., et al. v. Citigroup, Inc., et al., Los Angeles Superior Court Case No. BC283342 (Coordination Proceeding No. 4306) ("Oaktree action") (collectively, the "Actions"), and will not be shown to anyone other than counsel retained in connection with any of the Actions, and attorneys, clerical staff, paralegal staff and secretarial staff of such counsel; attorneys who are employees of any of the parties to any of the Actions; officers, directors or employees of such parties to the extent deemed necessary for the prosecution or defense of the Actions; and experts, each of whom will agree to restrict distribution of Enron's documents accordingly, and (2) will not be filed with any court without first obtaining Enron's consent, such consent not to be unreasonably withheld.
Nothing in this agreement shall alter or amend in any way the rights or obligations of any party under any other agreement relating to these documents. This agreement remains in effect until a protective order is entered in the consolidated Newby Class Action. Thereafter, disclosure of Enron's documents for use in the above-captioned Actions will be governed by such order.