Enron Mail

From:richard.sanders@enron.com
To:pgurfein@akingump.com
Subject:RE: CalPX Participants' Committee - possible joinder in PGE motio n
Cc:
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Date:Wed, 16 May 2001 07:38:00 -0700 (PDT)

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Enron opposes the official ratepayers committee.



"Gurfein, Peter" <pgurfein@AkinGump.com<
05/16/2001 01:15 PM

To: "'Jeffrey A. Krieger'" <jkrieger@ggfcmk.com<, "Gurfein, Peter"
<pgurfein@AkinGump.com<, jcrossen@apx.com, rberry@apx.com,
rich.stevens@avistacorp.com, david.burns@bakerbotts.com,
doug.anderson@calenergy.com, dag@dgdk.com, rkd@dgdk.com,
richard.b.sanders@enron.com, "Anne Marie DeFelice" <adefelice@ggfcmk.com<,
"Cindy Stremmel" <cstremmel@ggfcmk.com<, "Garrett L. Hanken"
<ghanken@ggfcmk.com<, "Marc S. Cohen" <mcohen@ggfcmk.com<, kjohan@ladwp.com,
ceklund@llgm.com, dwhitley@llgm.com, jrnelson@llgm.com, mlubic@mdbe.com,
zack.starbird@mirant.com, pmar@mofo.com, hweg@pgwlaw.com,
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cc:
Subject: RE: CalPX Participants' Committee - possible joinder in PGE motio n
re ratepayers committee


MidAmerican agrees that it is inappropriate to form an official ratepayers
creditors committee in the PG&E case.



Peter J. Gurfein
The Financial Restructuring Group
Akin, Gump, Strauss, Hauer & Feld, L.L.P.
2029 Century Park East
Los Angeles, CA 90067
310-552-6696
310-229-1001 (fax)
pgurfein@akingump.com


-----Original Message-----
From: Jeffrey A. Krieger [mailto:jkrieger@ggfcmk.com]
Sent: Tuesday, May 15, 2001 9:43 PM
To: pgurfein@akingump.com; jcrossen@apx.com; rberry@apx.com;
rich.stevens@avistacorp.com; david.burns@bakerbotts.com;
doug.anderson@calenergy.com; dag@dgdk.com; rkd@dgdk.com;
richard.b.sanders@enron.com; Anne Marie DeFelice; Cindy Stremmel;
Garrett L. Hanken; Jeffrey A. Krieger; Marc S. Cohen; kjohan@ladwp.com;
ceklund@llgm.com; dwhitley@llgm.com; jrnelson@llgm.com; mlubic@mdbe.com;
zack.starbird@mirant.com; pmar@mofo.com; hweg@pgwlaw.com;
david.facey@powerex.com; teresa.conway@powerex.com;
rbeitler@sempratrading.com; awells@stroock.com; ayudkowsky@stroock.com;
pjazayeri@stroock.com; bholman@whitecase.com
Subject: CalPX Participants' Committee - possible joinder in PGE motion
re ratepayers committee


To: CalPX Participants' Committee

Howard Weg has asked that I poll the committee members because several
members of the committee have advised that they believe we should take a
position supporting PG&E's motion to vacate the UST's appointment of a
Ratepayers' committee in the PG&E bankruptcy case. The idea is to file a
brief joinder stating that the Participants' Committee in the CalPX case,
representing constituents which are the real parties in interest of over $1.9
billion in claims against PG&E, as scheduled by PG&E in
its list of 20 largest creditors, supports the motion and the joinder filed
by the PG&E creditors' committee. Our joinder would state that there is no
statutory basis for appointing a ratepayers' committee and that it is not in
the best interest of the estate. We might also indicate that we agree with
PGE and the PGE creditors' committee that there are other means for
ratepayers to be heard which make more sense than giving them official
committee status. We would also appear telephonically
at the hearing, this Friday, at 10 a.m.

Please let me know as soon as possible if you would like a conference call on
this issue. Also, please let me know as soon as possible if you object to
the committee taking this position.

Thank you.

Jeffrey A. Krieger
(310) 785-6869

www.ggfcmk.com



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