Document 48399

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Thomas E. Lumsden
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MAY 1 62003
FTI Consulting Inc.
199 Fremont Street
San Francisco, CA 94105
Telephone; i :(415) 498-5000
Facsimile:
(415) 498-6699
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U
TITEI
AN)IRUPTCY 0URt
FBMsI61CA
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5 -Accountants and Financial Advisors for
Official Committee of Unsecured Creditors
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UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF CALIFORNIA
SAN FRANCISCO DIVISION
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In re
Case No. SF 01-30923 DM
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PACIFIC GAS AND ELECTRIC
COMPANY, a California corporation,
Chapter 11
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NOTICE OF ERRATA RE DECLARATION
OF THOMAS E. LUMSDEN FILED IN
SUPPORT OF SIXTH INTERIM
APPLICATION OF FTI CONSULTING,
INC. FOR ALLOWANCE AND PAYMENT
OF COMPENSATION AND
REIMBURSEMENT OF EXPENSES
(DECEMBER 1,2002 THROUGH
MARCH 31,2003)
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Hearina:
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Debtor.
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Date: July 7, 2003
Time: 1:30 PM
Place: 235 Pine Street, 2 2 nd Floor
San Francisco, CA
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TO THE HONORABLE DENNIS MONTALI, UNITED STATES BANKRUPTCY
JUDGE, THE OFFICE OF THE UNITED STATES TRUSTEE, THE DEBTOR, AND
OTHER PARTIES IN INTEREST:
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FTI Consulting, Inc. ("FTI") submits this Notice of Errata re Declaration Of
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Thomas E. Lumsden Filed In Support Of Sixth Interim Application Of FTI Consulting, Inc. For
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Allowance And Payment Of Compensation And Reimbursement Of Expenses (December 1,
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2002 Through March 31, 2003) (the "Lumsden Declaration").
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LAI :#6260967v]1
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Paragraph 14 of the Lumsden Declaration states: "Attached hereto as
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Exhibit "5", is a copy of the Declaration of Clara Yang Strand, executed on, in support of the
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Sixth Interim Application of FTI Consulting." However, the Lumsden Declaration was
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inadvertently filed without the Declaration of Clara Yang Strand (the "Strand Declaration").
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Attached as Exhibit "I" hereto, and incorporated herein as though set forth in full, is a copy of
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the Strand Declaration which was executed by Ms. Strand on May 15, 2003.
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Also, the Lumsden Declaration was inadvertently filed without Mr.
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Lumsden's signature. Attached as Exhibit "2" hereto, and incorporated herein as though set
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forth in full, is the fully executed signature page for the Lumsden Declaration.
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'Dated: May 16, 2003
Respectfully submitted.
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FTI CONSULTING, INC
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By:
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Thomas E. Lumsden
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Accountants and Financial Advisors to Official Comrnittee
of Unsecured Creditors
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LAI :#6260967vl
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EXHIBIT 1
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Paul S. Aronzon (88781)
Robert Jay Moore (#77498)
Michael I. Sorochinsky (#166708)
MILBANK, TWEED, HADLEY & McCLOY LLP
601 South Figueroa Street, 30th Floor
Los Angeles, California 90017
(213) 892-4000
Telephone:
(213) 629-5063
Facsimile:
Counsel for Official Committee
of Unsecured Creditors
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UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF CALIFORNIA
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SAN FRANCISCO DIVISION
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In re
PACIFIC GAS AND ELECTRIC
COMPANY, a California corporation,
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Debtor.
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DECLARATION OF CLARA YANG
STRAND IN SUPPORT OF THE SIXTH
INTERIM APPLICATION OF FTI
CONSULTING INC. FOR ALLOWANCE
AND PAYMENT OF COMPENSATION
AND REIMBURSEMENT OF EXPENSES
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Case No. SF 01-30923 DM
Chapter 11
(DECEMBER 1, 2002 THROUGH
MARCH 31, 2003)
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Hearing:
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Date:
July 7, 2003
Time:
Place:
1:30 p.m.
235 Pine Street, 22nd Floor
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.
San Francisco, CA
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LAI :#6259134v]
IIDeclaration of Clara Yang Strand in Support of Sixth Interim Application
1, Clara Yang Strand, declare:
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I am employed by Bank of America, N.A., one of the members of the
Official Committee of Unsecured Creditors ("Committee") in the Pacific Gas and Electric
Company ("PG&E") chapter 11 bankruptcy case. I am one of the two Co-Chairs of the
Committee. Except as otherwise stated, I have personal knowledge of the facts set forth below,
and if called upon, I could and would testify competently with regard thereto. I make this
declaration in support of the Sixth Interim Application of FTI Consulting Inc. ("FTI") for
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Allowance and Paympent of Coompensation and Reimbursement of Expenses (December 1,'2002
Through March 31, 2003) (the "Application").
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I have reviewed the Application, the Declarations of Thomas E. Lumsden
filed in support thereof, and FTI's invoices for December 1, 2002 through March 31, 2003.
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I believe that the fees and costs requested by FTI for the period of
December 1, 2002 through March 31, 2003 are appropriate and reasonable. Based on my
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experience with FTI, their work on behalf of the Committee has been done in a professional and
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efficient manner. Moreover, all of the work performed by FTI was approved by the Committee.
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Accordingly, I believe that FTI's request for fees and reimbursement of expenses should be
approved.
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'I declare under penalty of peijury under the laws of the United States of Afferica
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that the foregoing is true and correct.
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Executed this
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day of May, 2003 at Los Angeles, California.
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Clara Yang Strand
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LAI:#6259134vl
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Declaration of Clara Yang Strand in Support of Sixth Interim Application
EXEIBIT 2
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billing rate, and fees incurred by each FTI professional during the Sixth Application Perio
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Attached hereto as Exhibit "I" is a summary of the total hours expc
Attached hereto as Exhibit "2" and "Exhibit 2-1" is a -summary of e;
category of services, setting forth the name of each professional who expended time in tha
category and the total hours and amount billed by each professional in that category during
Sixth Application Period.
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Attached hereto as Exhibit "3" are Expense Summary and Expense I
reports by individual and itemized total expenses for which reimbursement is sought.
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Attached hereto as Exhibit "4", is a summary of meetings that more 1
two FTI professionals attended with a description of the relative importance of each team
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member and the purpose of their involvement at the meetings.
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Attached hereto as Exhibit "5", is a copy of the Declaration of Clara'
Strand, executed on, in support of the Sixth Interim Application of FTI Consulting.
I declare under penalty of perjury under the laws of the United States of Ame
that the foregoing is true and correct.
Executed this 14'h day of May, 2003 at San Francisco, C iforma.
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Thomas E. Lumsden
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