Case 1:08-cv-00513-JJF
Document 2
Filed 08/13/2008
Page 1 of 6
IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE
In re:
Chapter 11
NORTHWESTERN CORPORATION
Case Nos. 03- 12872
(KJC)
Ref. Dkt. 3733, 3728
Debtor.
AD HOC COMMITTEE OF CLASS 7 BE PRESENTED AND DESIGNATION OF ITEMS TO BE INCLUDED IN THE RECORD ON APPEAL, PURSUANT TO FEDERAL RULE OF BANKRUPTCY PROCEDURE 8006
On July 23 ,
2008 , an ad hoc group of
Ad Hoc Committee ) holding
approximately $339 912 000 face amount of the undisputed Class 7 Claims against the
captioned former debtor ("NorthWestern
above-captioned case ,
), filed a
l. No.
from the Order Authorizing and Approving Amended Global
Agreement by and Among Northwestern Corporation , Clark Fork and Blackfoot , LLC , Magten
Asset Management Corporation
Law
, The Plan
Committee , Paul , Hastings , Janofsky & Walker LLP , The Bank of New York , Michael Hanson
and Ernie Kindt (the " Order
) (D.
l. No. 3728), entered on the docket by this Court on July 14
2008. The Ad Hoc Committee
appeal and designates the following items to be transmitted to the United States
for the District of Delaware pursuant to Federal Rule of Bankruptcy Procedure 8006.
STATEMENT OF ISSUES TO BE PRESENTED ON APPEAL
The Ad Hoc Committee hereby identifies the following issues to be presented by it on its
appeal of the Order:
525. 001- 21422. DOC
Case 1:08-cv-00513-JJF
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Did the Bankruptcy Court err in
s Motion (" Motion
) for an
Order , Pursuant to Sections 105 and 1142 of the Bankruptcy Code and Bankruptcy Rules 3020
and 9019 ,
Authorizing and
Global Settlement" )
Among
NorthWestern , Clark Fork and Blackfoot , LLC , Magten Asset Management Corporation , Law
Debenture Trust Company of New York ,
the Plan Committee , Paul , Hastings ,
Janofsky &
Walker LLP , The Bank of New York , Michael Hanson and Ernie Kindt?
Did the Bankruptcy err , as a matter of law , when it held that the
Agreement does not
Reorganization Under Chapter 11 of the Bankruptcy Code dated August 14 2004 (the " Plan
Did the Bankruptcy Court err when it determined to approve the Global Settlement
pursuant to Rule 9019?
DESIGNATION OF ITEMS TO BE INCLUDED IN THE RECORD ON APPEAL
The Ad Hoc Committee designates the following items as necessary for the determination
of the instant appeal , together with all exhibits , attachments and documents incorporated by
reference therein:
8/31/04
2020
Debtors Second Amended
Reorganization under Chapter 11 of the Bankruptcy Code
10/19/04 2238
Order Second Amended Restated Plan of Reorganization Under Chapter
Bankruptcy Code.
12/05/07 3642
Joint Motion of NorthWestern Committee for an Order , Pursuant to Sections 105 and 1142 of the Bankruptcy Code and Bankruptcy Rules 3020 and 9019 , Authorizing and Approving Dispute Resolution
Agreement.
525. 001 - 2 1422. DOC
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01123/08 3657
Joint Objection of Law Debenture Trust Company of New York and
Management
NorthWestern Corporation and the Plan Committee
as
to
(I)
for 105
Order , Pursuant
to
Sections
and
3020 and
Bankruptcy Code and Bankruptcy Rules
Authorizing and
Agreement and (II) Corporation and the Plan
Pursuant to for 107(b)
9019
an Order
of the
Sections 363 ,
105(a) and
9018 for File Under Seal the " Side Letter to the Dispute Resolution Agreement for Which They Jointly Seek an Order Pursuant to Sections 105 and 1142 of the Bankruptcy Code and Bankruptcy Rules 3020 and 9019.
Authorization to
Bankruptcy Code
3/1 7/08
3676
Motion
for
an Order , Pursuant
to
Sections
105
and 1142
3020
of the Bankruptcy Code and Bankruptcy Rules
and
9019 Authorizing and Approving Settlement Agreement Among NorthWestern , Clark Fork and Blackfoot , LLC Magten Asset Management Corporation , Law Trust Company of New York the Plan Committee , Paul Hastings , Janofsky & , The York Michael Hanson and
Northwestern Corporation.
4/1/08
3678
Objection by Ad Hoc Committee of Class 7 to NorthWestern s Motion for an Order , Pursuant
Sections Bankruptcy Rules 105
and 1142 of
3020 and
9019
Authorizing and
Approving Settlement Agreement Among NorthWestern Clark Fork , LLC Magten Management Corporation , Law Debenture Trust Company
of
, the Plan Committee , Paul , Hastings
Janofsky & Walker LLP , The Bank of New Hanson and Ernie Kindt.
York Michael
525. 001- 21422. DOC
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Reply to Objection of Ad Hoc
Debtholders to (I) Northwestern Corporation s Motion for
an
of
Agreement By and Among
Clark Fork , LLC , Magten Management Corporation , Law Debenture Trust Company
, The Plan Committee , Paul , Hastings
Janofsky & Walker LLP , The Bank of New York , Michael
Hanson and
, and
NorthWestern Corporation and the Plan Committee for an Order , Pursuant
Bankruptcy Code and Bankruptcy Rules 3020 and 9019
Authorizing and
Agreement.
5/5/08
3700
Joinder of
Reply of NorthWestern Corporation in
Objection of the
Settlement Agreement.
5/6/08
3705
Amended and Restated Global Settlement Agreement and Release , Dated May 5 , 2008 , Superseding " Exhibit B" to
the Motion of NorthWestern Pursuant to Sections 105 and
Code and Bankruptcy Rules 3020 and 9019 ,
Authorizing
and Approving
NorthWestern Corporation , Clark Fork and LLC , Magten
Debenture Trust
, Law
, the Plan
Committee , Paul , Hastings , Janofsky & Walker LLP , the Bank of New York , Michael Hanson and Ernie Kindt.
5/6/08
3706
Amended and Dated May 5 , 2008 , Superseding " Exhibit B" to the Joint
Motion of
Committee for an Order ,
Agreement
5/6/08
Pursuant to Sections 105 and
1142 of the Bankruptcy Code and Bankruptcy Rules 3020
and 9019 , Authorizing and Approving Dispute Resolution
3710
Rule 2019 Statement (Verified Levin Naftalis & Frankel LLP and Landis Rath & Cobb
LLP Filed by Ad Hoc Committee of Class 7 Debtholders.
525. 001- 21422. DOC
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5/6/08
3711
Fully Executed Amended and Restated Global Settlement Agreement and Release , Dated May 5 , 2008 , Superseding Exhibit B" to the Motion of
for an Order ,
Pursuant to
, Clark Fork and
Bankruptcy Code and Bankruptcy Rules 3020 and 9019
Authorizing and Approving Settlement Agreement By and
Among
Blackfoot , LLC , Magten Asset Management Corporation
Law Debenture Trust Company of New York, The Plan
Committee , Paul , Hastings , Janofsky & Walker LLP , The Bank of New York , Michael Hanson and Ernie Kindt
5/27/08
3720 3724
Transcript of Hearing held on May 7 ,
Honorable Kevin J. Carey
2008 before the
7/10/08
Memorandum by Bankruptcy Judge Granting NorthWestern s Motion for an
Order , Pursuant
Bankruptcy Code and Bankruptcy Rules 3020 and 9019
Authorizing and
Among NorthWestern ,
Clark Fork and Blackfoot ,
LLC
Magten Asset Management Corporation , Law Trust Company of New York , the Plan Committee , Paul Hastings , Janofsky & , The York , Michael Hanson and Ernie Kindt
7/14/08
3728
Order Settlement Agreement by
Corporation , Clark Fork and Blackfoot , LLC , Magten Asset Management Corporation Law Company of New York , The Plan Committee , Paul Hastings , Janofsky & , The York , Michael Hanson and Ernie Kindt
7/21/08 7/23/08
3732
3733
Transcript of the Hearing held on July 10 , 2008 before the Honorable Kevin J. Carey Notice of Appeal
525. 001- 21422
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Dated: August 1 ,
2008
Adam G. Landis (No. 3407) Rebecca L. Butcher (No. 3816) 919 Market Street , Suite 600 Wilmington , Delaware 19801 Telephone: (302) 467- 4400 Facsimile: (302) 467- 4450
-and-
2L~C
KRAMER LEVIN NAFT ALIS & FRANKEL LLP Philip Bentley Matthew J. Williams 1177 Avenue of the Americas New York , New York 10036 Telephone: (212) 715- 9100
Attorneys for Ad Hoc Committee Debtholders
525. 001- 21422DOC