IN RE ENRON CORP. (Bankr.S.D.N.Y. 2006)

In re ENRON CORP., et al., Chapter 11, Reorganized Debtors.

Case No. 01-16034 (AJG) Jointly Administered.United States Bankruptcy Court, S.D. New York.
January 20, 2006

ORDER GRANTING FINAL APPROVAL OF APPLICATIONS FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES REQUESTED BY McKOOL SMITH, PC, MILLER THOMSON LLP, AND TONKON TORP LLP AND DIRECTING ENRON TO PAY SUCH FEES AND EXPENSES
ARTHUR GONZALEZ, Bankruptcy Judge

Upon consideration of the Final Applications for Allowance of Compensation and Reimbursement of Expenses, as supplemented or amended, as the case may be (the “Final Applications”) for professional services rendered and expenses incurred by certain professionals listed on Schedule A(1) attached hereto (each an “Applicant,” and collectively, the “Applicants”); and the Fee Committee appointed by the Court, together with its retained professionals, having (1) reviewed the Final Applications and the respective supporting documentation, (2) met or discussed with the respective Applicants the amounts requested and appropriateness of certain of the fees and expenses requested, and (3) issued final reports with respect to the Final Applications and the amounts requested therein (each a “FinalReport” and collectively, the “Final Reports”); and certain amounts requested in the Final Applications having been reduced on a final basis on account of issues or positions set forth in the Final Reports and agreed upon by the respective Applicants; and the Final Reports having recommended the allowance and approval of certain amounts in excess of the amounts requested in the Final Applications; and certain of the Applicants having filed supplements or amendments

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to the Final Applications requesting allowance and approval of the amounts recommended in the Final Reports; and due notice of the Applications having been provided pursuant to the Federal Rules of Bankruptcy Procedure; and the Court finding that (a) the Court has jurisdiction over this matter pursuant to 28 U.S.C. § 157 and Section 38.1(i) of the Supplemental Modified Fifth Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code, dated July 2, 2004, (b) this is a core proceeding pursuant to 28 U.S.C. § 157(b)(2), (c) notice of the hearing to consider the Final Applications was adequate under the circumstances and no other or further notice need be given, (d) no objections having been filed by the United States Trustee or any other party in interest with respect to the Final Applications, (e) the Court having held a hearing with respect to the Final Applications on November 15, 2005 (the “Final Fee Hearing”) and having heard the statements of counsel at the Final Fee Hearing, and (f) this Court having found and determined that each of the Applicants should be awarded final approval of the compensation and reimbursement of expenses in the amounts set forth on Schedule A(1) hereto; it is hereby

ORDERED that, pursuant to section 330 of title 11 of the United States Code, final approval of the Final Applications is GRANTED and each of the Applicants is allowed compensation and reimbursement of expenses in the amounts set forth on the attached Schedule A(1) (each, an “Allowed Amount”); and it is further

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ORDERED that Enron Corp. is hereby authorized and directed to disburse to each Applicant the respective Allowed Amount, less any amounts previously paid to or deposited with each Applicant on account of such Allowed Amount.

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————————————————————————————————————————————
| FINAL COMPENSATION PERIOD |
|————————————————————————————————————————————|
| | | | | FEES ALLOWED AND | | EXPENSES |
| | | DOCUMENT | | PAYABLE BY | EXPENSES | ALLOWED AND |
| APPLICANT | PERIOD | NUMBER OF | FEES REQUESTED[1] | REORGANIZED | REQUESTED[1] | PAYABLE BY |
| | | APPLICATION | | DEBTOR | | REORGANIZED |
| | | | | | | DEBTOR |
|—————————————–|—————-|——————-|——————-|—————–|—————|
| 1. McKool Smith, PC | Apr. 15, 2002 — | 28526[2] | $19,304,635.46 | $19,304,635.46 | $1,332,180.21 | $1,332,180.21 |
| | Jul. 15, 2004 | | | | | |
|———————-|——————|—————-|——————-|——————-|—————–|—————|
| 2. Tonkon Torp LLP[3] | Dec. 2, 2001 — | 21628 | $791,575.96 | $791,575.96 | $11,906.33 | $11,906.33 |
| | Jul. 15, 2004 | | | | | |
————————————————————————————————————————————-

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——————————————————————————————————————————————
| ALL FEE PERIODS[4] |
|——————————————————————————————————————————————–|
| | | TOTAL FEES | | TOTAL EXPENSES |
| APPLICANT | TOTAL FEES | ALLOWED AND | TOTAL | ALLOWED AND |
| | REQUESTED | PAID/TO BE PAID | EXPENSES | PAID/TO BE PAID BY |
| | | BY REORGANIZED | REQUESTED | REORGANIZED |
| | | DEBTOR | | DEBTOR |
|———————————————————|——————-|——————-|——————-|———————-|
| 1. Alston Bird LLP | $71,066,038.04 | $71,066,038.04 | $14,577,275.89 | $14,577,275.89 |
|———————————————————|——————-|——————-|——————-|———————-|
| 2. Andrews Kurth, LLP | $19,302,376.07 | $19,302,376.07 | $949,207.93 | $949,207.93 |
|———————————————————|——————-|——————-|——————-|———————-|
| 3. Arnold Porter | $290,428.20 | $290,428.20 | $14,889.70 | $14,889.70 |
|———————————————————|——————-|——————-|——————-|———————-|
| 4. Baker Hostetler LLP | $69,766.00 | $69,766.00 | $1,630.38 | $1,630.38 |
|———————————————————|——————-|——————-|——————-|———————-|
| 5. Neal Batson, Esq. | $1,809,810.25 | $1,809,810.25 | $10,325.95 | $10,325.95 |
|———————————————————|——————-|——————-|——————-|———————-|
| 6. Professor George Benston, Ph.D. | $420,452.50 | $420,452.50 | $1,502.00 | $1,502.00 |
|———————————————————|——————-|——————-|——————-|———————-|
| 7. Blackstone Group LP | $14,510,253.45 | $14,510,253.45 | $1,892,533.75 | $1,892,533.75 |
|———————————————————|——————-|——————-|——————-|———————-|
| 8. Blank Rome LLP (f/k/a Dyer Ellis Joseph P.C.) | $1,875,369.61 | $1,875,369.61 | $107,978.70 | $107,978.70 |
|———————————————————|——————-|——————-|——————-|———————-|
| 9. Cadwalader, Wickersham Taft LLP | $22,419,360.46 | $22,419,360.46 | $2,379,743.69 | $2,379,743.69 |
|———————————————————|——————-|——————-|——————-|———————-|
| 10. Charles River Associates Inc. (n/k/a CRA | | | | |
| International, Inc.) | $3,286,419.93 | $3,286,419.93 | $68,526.64 | $68,526.64 |
|———————————————————|——————-|——————-|——————-|———————-|
| 11. Cloyses Partners, LLC | $71,372.50 | $71,372.50 | $2,702.80 | $2,702.80 |
|———————————————————|——————-|——————-|——————-|———————-|
| 12. Connell Foley LLP | $610,483.92 | $610,483.92 | $14,903.84 | $14,903.84 |
|———————————————————|——————-|——————-|——————-|———————-|
| 13. Crossroads, LLC (n/k/a XRoads Solutions Group, | | | | |
| LLC) | $48,287.25 | $48,287.25 | $0.00 | $0.00 |
———————————————————-|——————-|——————-|——————-|———————-|

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———————————————————————————————————————————————
| 14. Ernst Young Corporate Finance LLC (n/k/a | | | | |
| Giuliani Capital Advisors, LLC) | $8,411,313.18 | $8,411,313.18 | $758,499.06 | $758,499.06 |
|———————————————————|——————-|——————-|——————-|———————-|
| 15. Ernst Young LLP | $32,427,243.65 | $32,427,243.65 | $1,857,640.52 | $1,857,640.52 |
|———————————————————|——————-|——————-|——————-|———————-|
| 16. Fee Committee Chairman and Professional Staff | | | | |
| a. Chairman (Jerry Patchan) | $648,632.75 | $648,632.75 | $72,185.57 | $72,185.57 |
| b. Chief Applications Analyst (Si Hopkins) | $1,353,169.44 | $1,353,169.44 | $67,175.86 | $67,175.86 |
| c. Accounting and Financial Applications Analyst | | | | |
| (Howard Klein) | $679,780.29 | $679,780.29 | $24,412.10 | $24,412.10 |
| d. Assistant Applications Analyst | | | | |
| (David Hathaway) | $839,229.01 | $839,229.01 | $3,441.62 | $3,441.62 |
| d. Assistant Applications Analyst (Mary Jansing) | $1,100,113.06 | $1,100,113.06 | $28,866.55 | $28,866.55 |
| d. Assistant Applications Analyst (Jan Ostrovsky) | $886,209.45 | $886,209.45 | $12,024.65 | $12,024.65 |
|———————————————————|——————-|——————-|——————-|———————-|
| 17. Fergus, a law firm | $1,444,426.00 | $1,444,426.00 | $125,778.01 | $125,778.01 |
|———————————————————|——————-|——————-|——————-|———————-|
| 18. FTI Consulting, Inc. (successor in interest to the | | | | |
| Business Recovery Practice of | | | | |
| PricewaterhouseCoopers, LLP)[5] | $28,656,301.27 | $28,656,301.27 | $2,575,577.23 | $2,575,577.23 |
|———————————————————|——————-|——————-|——————-|———————-|
| 19. Gardere Wynne Sewell LLP | $19,579.50 | $19,579.50 | $302.48 | $302.48 |
———————————————————-|——————-|——————-|——————-|———————-|

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———————————————————————————————————————————————
| 20. Harrison J. Goldin and Goldin Associates, LLC | $11,627,568.75 | $11,627,568.75 | $1,601,621.50 | $1,601,621.50 |
|———————————————————|——————-|——————-|——————-|———————-|
| 21. Goodin, MacBride, Squeri, Ritchie Day LLP | $194,137.27 | $194,137.27 | $18,239.61 | $18,239.61 |
|———————————————————|——————-|——————-|——————-|———————-|
| 22. Hanson Bridgett Marcus Vlahos Rudy, LLP | $6,808.00 | $6,808.00 | $55.67 | $55.67 |
|———————————————————|——————-|——————-|——————-|———————-|
| 23. Professor Al Hartgraves, Ph.D. | $401,340.00 | $401,340.00 | $88.00 | $88.00 |
|———————————————————|——————-|——————-|——————-|———————-|
| 24. Hattery Law Offices | $723,481.00 | $723,481.00 | $53,369.01 | $53,369.01 |
|———————————————————|——————-|——————-|——————-|———————-|
| 25. Hilder Associates, P.C. | $257,938.05 | $257,938.05 | $15,020.10 | $15,020.10 |
|———————————————————|——————-|——————-|——————-|———————-|
| 26. Houlihan Lokey Howard Zukin Financial | | | | |
| Advisors, Inc. | $25,327,419.35 | $25,327,419.35 | $524,327.30 | $524,327.30 |
|———————————————————|——————-|——————-|——————-|———————-|
| 27. InteCap, Inc. | $12,529,782.92 | $12,529,782.92 | $421,601.84 | $421,601.84 |
|———————————————————|——————-|——————-|——————-|———————-|
| 28. Kaye Scholer LLP | $5,365,587.71 | $5,365,587.71 | $261,862.11 | $261,862.11 |
|———————————————————|——————-|——————-|——————-|———————-|
| 29. Kronish Lieb Weiner Hellman, LLP | $3,167,578.74 | $3,167,578.74 | $130,055.91 | $130,055.91 |
|———————————————————|——————-|——————-|——————-|———————-|
| 30. LeBoeuf, Lamb, Greene MacRae, LLP | $31,951,389.32 | $31,951,389.32 | $1,077,382.86 | $1,077,382.86 |
|———————————————————|——————-|——————-|——————-|———————-|
| 31. Legal Cost Control, Inc. | $3,365,794.94 | $3,365,794.94 | $0.00 | $0.00 |
|———————————————————|——————-|——————-|——————-|———————-|
| 32. Manatt, Phelps Philips, LLP | $250,200.99 | $250,200.99 | $10,667.17 | $10,667.17 |
|———————————————————|——————-|——————-|——————-|———————-|
| 33. McClain Siegel, LLP (n/k/a McClain, Leppert | | | | |
| Maney, P.C.) | $295,187.12 | $295,187.12 | $18,805.83 | $18,805.83 |
|———————————————————|——————-|——————-|——————-|———————-|
| 34. McKool Smith, PC | $19,304,635.46 | $19,304,635.46 | $1,332,180.21 | $1,332,180.21 |
|——————————————————————————————————————————————–|

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———————————————————————————————————————————————|
| 35. Mercer Human Resources Consulting, Inc. | $700,540.00 | $700,540.00 | $0.00 | $0.00 |
|———————————————————|——————-|——————-|——————-|———————-|
| 36. Milbank, Tweed, Hadley McCloy, LLP | $58,272,502.11 | $58,272,502.11 | $3,616,420.95 | $3,616,420.95 |
|———————————————————|——————-|——————-|——————-|———————-|
| 37. Miller Thomson (all amounts in CDN) | $83,022.60 | $83,022.60 | $7,955.45 | $7,955.45 |
|———————————————————|——————-|——————-|——————-|———————-|
| 38. Nathan Associates, Inc. | $56,505.00 | $56,505.00 | $323.57 | $323.57 |
|———————————————————|——————-|——————-|——————-|———————-|
| 39. Nixon Peabody LLP | $31,890.52 | $31,890.52 | $6,758.10 | $6,758.10 |
|———————————————————|——————-|——————-|——————-|———————-|
| 40. Patch Incorporated | $429,822.50 | $429,822.50 | $104,444.14 | $104,444.14 |
|———————————————————|——————-|——————-|——————-|———————-|
| 41. Plante Moran, PLLC | $6,185,693.99 | $6,185,693.99 | $476,834.20 | $476,834.20 |
|———————————————————|——————-|——————-|——————-|———————-|
| 42. PricewaterhouseCoopers LLP[6] | $4,369,395.97 | $4,369,395.97 | $181,997.13 | $181,997.13 |
|———————————————————|——————-|——————-|——————-|———————-|
| 43. Quinn Emanuel Urquhart Oliver Hedges, LLP | $172,605.26 | $172,605.26 | $27,158.94 | $27,158.94 |
|———————————————————|——————-|——————-|——————-|———————-|
| 44. Relational Advisors LLC (f/k/a Batchelder | | | | |
| Partners, Inc.) | $15,887,482.79 | $15,887,482.79 | $826,526.32 | $826,526.32 |
|———————————————————|——————-|——————-|——————-|———————-|
| 45. Skadden, Arps, Slate, Meager Flom, LLP | $35,941,482.70 | $35,941,482.70 | $1,940,555.51 | $1,940,555.51 |
|———————————————————|——————-|——————-|——————-|———————-|
| 46. Squire, Sanders Dempsey L.L.P. | $41,372,248.93 | $41,372,248.93 | $13,755,347.19 | $13,755,347.19 |
|———————————————————|——————-|——————-|——————-|———————-|
| 47. Susman Godfrey, LLP | $901,064.99 | $901,064.99 | $539,094.05 | $539,094.05 |
|——————————————————————————————————————————————–|

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|——————————————————————————————————————————————–|
| 48. Swidler Berlin Shereff Friedman, LLP (n/k/a | | | | |
| Swidler Berlin, LLP) | $16,624,654.46 | $16,624,654.46 | $1,224,981.67 | $1,224,981.67 |
|———————————————————|——————-|——————-|——————-|———————-|
| 49. Thelen Reid Priest LLP | $4,697,753.15 | $4,697,753.15 | $291,570.92 | $291,570.92 |
|———————————————————|——————-|——————-|——————-|———————-|
| 50. Togut, Segal Segal, LLP | $15,415,419.57 | $15,415,419.57 | $765,363.35 | $765,363.35 |
|———————————————————|——————-|——————-|——————-|———————-|
| 51. Tonkon Torp LLP | $791,575.96 | $791,575.96 | $11,906.33 | $11,906.33 |
|———————————————————|——————-|——————-|——————-|———————-|
| 52. Triad Communication, Inc. | $883,497.78 | $883,497.78 | $102,110.62 | $102,110.62 |
|———————————————————|——————-|——————-|——————-|———————-|
| 53. URS Corp. | $730,681.49 | $730,681.49 | $168,173.36 | $168,173.36 |
|———————————————————|——————-|——————-|——————-|———————-|
| 54. Venable LLP | $7,190,273.45 | $7,190,273.45 | $393,115.38 | $393,115.38 |
|———————————————————|——————-|——————-|——————-|———————-|
| 55. Weil, Gotshal Manges LLP | $149,382,880.08 | $149,382,880.08 | $9,573,428.49 | $9,573,428.49 |
|———————————————————|——————-|——————-|——————-|———————-|
| 56. Wilmer Cutler Pickering Hale and Dorr LLP | | | | |
| (successor in interest to Wilmer Cutler | | | | |
| Pickering) | $3,901,414.56 | $3,901,414.56 | $632,576.98 | $632,576.98 |
|——————————————————————————————————————————————–|

[1] As requested or as voluntarily reduced or deferred subsequent to the filing of the Final Application.

[2] Supplementing Docket No. 21724.

[3] Tonkon Torp LLP has declined to file a supplement to its Final Application requesting approval of the higher expense amount recommended in the Final Report. Therefore, the Expenses Requested amount and Expenses Allowed and Payable by Reorganized Debtor amount reflect the total expense amount requested by Tonkon Torp LLP in its interim fee applications.

[4] Includes amounts approved by the Court as of this date, including the amounts approved in this Order for the Applicants identified on Schedule A(1).

[5] Including amounts approved for PricewaterhouseCoopers, LLP in the first and second interim compensation periods, encompassing December 21, 2001 through August 31, 2002.

[6] Amounts approved beginning with the third interim compensation period, September 1, 2002 through December 31, 2002.

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