IN RE PUBLIC SERVICE CO. OF NEW HAMPSHIRE

Bankruptcy No. 88-00043.

129 B.R. 3 (1991)

In re PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE, Debtor.

United States Bankruptcy Court, D. New Hampshire.

June 4, 1991.


Attorney(s) appearing for the Case

Catherine Shively, Manchester, N.H., Jeffrey S. Cohen, Concord, N.H., for Public Service Co.

Geoffrey Kalmus, New York City, for Unsecured Creditors Committee.

Howard J. Berman, New York City, for Equity Committee.

Mark W. Vaughn, Manchester, N.H., for State of N.H.

Jeffrey M. Sherman, Philadelphia, Pa., for Nat. Union Fire Ins. Co.


MEMORANDUM OPINION

JAMES E. YACOS, Bankruptcy Judge.

The debtor and creditors committee objected pursuant to 11 U.S.C. § 510(b) to the claims of officers and directors of PSNH who sought indemnification for liability and expenses incurred in a securities lawsuit. The objectors objected primarily on the ground of the proper classification of their claims not the amount of the claim. This court has jurisdiction over this matter under 28 U.S.C. §...

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