National Energy & Gas Transmission, Inc.

UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF MARYLAND
at Greenbelt
IN RE: :
:
NATIONAL ENERGY & GAS : Case Nos. 03-30459, 03-30461
TRANSMISSION, INC. (f/k/a PG&E : through 03-30464, and 03-30686
NATIONAL ENERGY GROUP, INC. : through 03-30687 (PM)
et al. : Chapter 11
: (Jointly Administered under
Debtors : Case No. 03-30459(PM)
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MEMORANDUM OF DECISION
Before the court is the Motion of the steering committees of Lake Road and La Paloma
project lenders for an order compelling the Debtors to include the additional claim belatedly filed
by them in the Disputed Claims Reserve. The claims in question were filed more than twenty-
two (22) months after the bar date for filing claims. This court’s Order entered February 22,
2006, disallowed the claims. Perhaps in an effort to obtain leverage to settle the claims, the
instant Motion was filed to include the disallowed claims in the Disputed Claims Reserve.
While the court sees little merit to the Motion, the parties have advised that the appeal
from this court’s Order has been placed on an expedited schedule before the Honorable
Alexander Williams, Jr., of the United States District Court for the District of Maryland.
Because of the expedited nature of the hearing, the court will grant the relief requested in part.
An appropriate order will be entered.
cc:
Attached Service List
End of Memorandum
Date signed May 03, 2006
Entered: May 04, 2006 Case 03-30459 Doc 3690 Filed 05/04/06 Page 1 of 1