In re WORLDCOM, INC., et al., Chapter 11, Debtors

Case No. 02-13533 (AJG) (Jointly Administered)United States Bankruptcy Court, S.D. New York.
December 16, 2003

Mark A. Shaiken, Esq., Mark S. Carder, Esq., STINSON MORRISON HECKER LLP, Kansas City, MO, for Debtors and Debtors in Possession

FOURTH ORDER GRANTING, IN PART, DEBTORS’ NINTH OMNIBUS OBJECTION TO PROOFS OF CLAIM (ACCOUNTS PAYABLE (GENERAL) RELATED CLAIMS)
ARTHUR GONZALEZ, Bankruptcy Judge

Upon consideration of the Debtors’ Ninth Omnibus Objection to Proofs of Claim (Accounts Payable (General) Related Claims) filed by WorldCom, Inc. and certain of its direct and indirect subsidiaries, as debtors and debtors in possession (collectively, the “Debtors”), dated May 22, 2003, seeking the expungement and disallowance of certain proofs of claim identified on Exhibit A attached thereto; and good and sufficient notice having been given in accordance with the Claim Objection Procedures Order[1] ; and it appearing that Debtors have adjourned their objections to the proofs of claim identified on Exhibits A and B attached hereto, without prejudice; and it appearing that the Debtors have resolved their objections to certain of the proofs

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of the proofs of claim as set forth hereafter, and it appearing that Debtors have submitted Scheduling Orders for certain proofs of claim as set forth hereafter, and after due consideration and sufficient cause appearing therefore, it is

ORDERED that the proofs of claim identified on Exhibit A are hereby adjourned until January 6, 2004 at 10 a.m. Eastern Standard Time, in the U.S. Bankruptcy Court for the Southern District of New York, One Bowling Green, 5th Floor, New York, New York 10004-1408, and that the Debtors have expressly reserved their right to further object to the continued claims on Exhibit A; and it is further

ORDERED that the proofs of claim identified on Exhibit B are hereby adjourned until February 3, 2004 at 10 a.m. Eastern Standard Time, in the U.S. Bankruptcy Court for the Southern District of New York, One Bowling Green, 5th Floor, New York, New York 10004-1408, and that the Debtors have expressly reserved their right to further object to the continued claims on Exhibit B; and it is further

ORDERED that pursuant to the agreement dated August 4, 2003 between Deutsch Inc. and the Debtors (the “Agreement”), claim number 27573, corresponding to an assumed and amended executory contract, will be allowed to the extent that the Agreement permits. Claim number 27573 will be paid pursuant to the terms of the Agreement and the Plan of Reorganization upon confirmation; and it is further

ORDERED that pursuant to the stipulation agreement dated December 8, 2003 between Palco Distributors — Dennis Palazzo and the Debtors, claim number 31200 will be allowed as a Class 4 Claim in the amount of $10,493.56 and shall be paid pursuant to the terms of the Plan of Reorganization upon confirmation; and it is further

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ORDERED that pursuant to the stipulation agreement dated December 11, 2003 between Financial Asset Management Systems Inc. and the Debtors, claim number 6547 will be allowed as a Class 4 Claim in the amount of $36,363.84 and shall be paid pursuant to the terms of the Plan of Reorganization upon confirmation; and it is further

ORDERED that pursuant to the stipulation agreement dated October 14, 2003, between ENSAT and the Debtors, claim number 23630 will be allowed as a Class 6 Claim in the amount of $35,000 and shall be paid pursuant to the terms of the Plan of Reorganization upon confirmation; and it is further

ORDERED that a Scheduling Order, in the form submitted by counsel at the hearing on December 16, 2003, shall be entered regarding claim #6234 (Amalio Corporation); and it is further

ORDERED that, to the extent the Objection, as filed, objects to any proofs of claims not addressed by this Order (the “Remaining Disputed Proofs of Claim”), then the Debtors’ reserve their rights to further prosecute their objections against the Remaining Disputed Proofs of Claim and nothing herein shall limit, restrict, or otherwise affect the Debtors’ right to do so.

[1] Capitalized terms used but not defined herein shall retain the same meaning ascribed to such term in the Objection.