IN RE NEW HAMPSHIRE ELEC. CO-OP., INC.

Bankruptcy No. 91-11336.

138 B.R. 668 (1992)

In re NEW HAMPSHIRE ELECTRIC COOPERATIVE, INC., Debtor.

United States Bankruptcy Court, D. New Hampshire.

March 20, 1992.


Attorney(s) appearing for the Case

E. Franklin Childress, Jr., Boston, Mass., U.S. Trustee.

George J. Marcus, Gerald M. Amero, Valerie S. Libby, Pierce, Atwood, Scribner, Allen, Smith & Lancaster, Portland, Me., for Creditors' Committee.

Mark W. Vaughn, Frederick J. Coolbroth, Devine, Millimet & Branch, P.A., Manchester, N.H., Harold T. Judd, Asst. Atty. Gen., Office of Atty. Gen., Audrey A. Zibelman, General Counsel, N.H. Public Utilities Com'n, Concord, N.H., for State of N.H.

Thomas D. Rath, Rath, Young, Pignatelli and Oyer, P.A., Concord, N.H., John B. Nolan, Jeffry G. Grody, Carole J. Mack, Day, Berry & Howard, Hartford, Conn., Pierre O. Caron, Asst. Gen. Counsel, Public Service Co. of N.H., Manchester, N.H., for NU/PSNH.

Thomas Eddy, Special Projects Staff, The Rural Electrification Admin., U.S. Dept. of Agriculture, Washington, D.C., for Rural Electrification Admin. (REA).

James G. Bruen, Jr., Lacy R. Harwell, Jr., Commercial Litigation Branch, Civ. Div., U.S. Dept. of Justice, Washington, D.C., for REA.

Richard M. Lawrence, U.S. Dept. of Agr., Office of Gen. Counsel, Washington, D.C.

John J. List, Cynthia Garegnani, Nat. Rural Utilities Co-op. Finance Corp., Herndon, Va., Wilbur F. Foster, Jr., Thomas W.E. Joyce, III, Milbank, Tweed, Hadley & McCloy, New York City, Joseph A. Foster, McLane, Graf, Raulerson & Middleton, P.A., Manchester, N.H., for CFC.

Sheila Oliver, Drinker, Biddle & Reath, Philadelphia, Pa., for United Engineers and Constructors, Inc.

Connie L. Rakowsky, Orr and Reno, P.A., Concord, N.H., for New England Power Co.

Mary Ann Lynch, Gen. Counsel, Maine Yankee Atomic Power Co., Augusta, Me., for Maine Yankee Atomic Power Co.

Page Brown, Brown and LaPointe, P.A., Exeter, N.H., for Lyman R. Hammond, Jr. and Faye A. Hammond.

Robert A. Olson, Paul A. Savage, Brown, Olson & Wilson, P.C., Concord, N.H., for Alexandria Power Associates, Bio Energy Corp., Bridgewater Power Co., L.P., Hemphill Power and Light Co., Pinetree Power, Inc., Pinetree Power — Tamworth, Inc., Timco, Inc. and Whitefield Power and Light Co.

Cohn, Roitman & Kelakos, Daniel C. Cohn, A. Davis Whitesell, Boston, Mass., Merrill & Broderick, Mark W. Dean, Manchester, N.H., for debtor.


MEMORANDUM OPINION

JAMES E. YACOS, Bankruptcy Judge.

This Court held confirmation hearings on February 24, February 25, March 9, and March 17, 1992 on the Second Amended Plan of Reorganization jointly proposed by the debtor, the State of New Hampshire, and the Public Service Company of New Hampshire, dated January 13, 1992, as modified, with an extensive evidentiary record submitted by both the joint plan proponents in support of confirmation of the plan...

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