IN RE COLUMBIA GAS SYSTEM, INC.

Bankruptcy No. 91-803, Civ. A. No. 91-557-JLL.

134 B.R. 808 (1991)

In re COLUMBIA GAS SYSTEM, INC., Columbia Gas Transmission Corporation, Debtors. ENERGY DEVELOPMENT CORPORATION, Movant, v. COLUMBIA GAS TRANSMISSION CORPORATION, Respondent.

United States District Court, D. Delaware.

November 20, 1991.


Attorney(s) appearing for the Case

Daniel F. Lindley of Duane, Morris & Hecksher, Wilmington, Del., H. Rey Stroube, III, Michael R. Waller, Jack J. Langlois, S. Margie Venus, and Mark C. Cowan of Akin, Gump, Hauer & Feld, Houston, Tex., and William J. Grealis, Daniel Joseph, C. Fairley Spillman of Akin, Gump, Hauer, & Feld, Washington, D.C., of counsel, for movant.

James L. Patton, Jr., and Laura Davis Jones of Young, Conaway, Stargatt, & Taylor, Wilmington, Del., Lewis Kruger, Laurence Greenwald, Robin E. Keller, and Winifred A. Sandler of Strook & Strook & Lavan, and Cravath, Swaine & Moore, New York City, of counsel, for respondent.

Kevin G. Healy and Eileen Ford of Childerston, Froehlich, Healy & Locke, Newark, Del., and Alan Kohler, Linda C. Smith, Veronica Smith and John F. Povilaitis of the Pennsylvania Public Utility Com'n, Harrisburg, Pa., for intervenor Pennsylvania Public Utility Com'n.


MEMORANDUM OPINION

LATCHUM, Senior District Judge.

I. FACTS AND PROCEDURAL HISTORY

This case involves the Court's consideration of two gas purchase contracts between Columbia Gas Transmission Corporation ("CGT") and Energy Development Corporation ("EDC").1 Under the contracts, gas produced offshore of Louisiana flows into the pipeline distribution systems of CGT, and CGT was obligated to purchase the gas within the contracts...

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