MATTER OF CAJUN ELECTRIC POWER CO-OP., INC.

No. 98-30683.

150 F.3d 503 (1998)

In the Matter of CAJUN ELECTRIC POWER COOPERATIVE, INCORPORATED, Debtor. Ralph R. MABEY, Chapter 11 Trustee for Cajun Electric Power Cooperative, Inc.; Louisiana Generating LLC; Triton Coal Company; Western Fuels Association, Inc.; Enron Capital and Trading Resources Inc.; American Commercial Marine Service Company; United States of America; Rural Utilities Service, Appellees, v. SOUTHWESTERN ELECTRIC POWER COMPANY; The Committee of Certain Members of Cajun Electric Power Cooperative, Appellants.

United States Court of Appeals, Fifth Circuit.

August 11, 1998.


Attorney(s) appearing for the Case

David S. Rubin, Kantrow, Spaht, Weaver & Blitzer, Baton Rouge, LA, Lon A. Jenkins, Mark William Dykes, Annette Wanless Jarvis, LeBoeuf, Lamb, Greene & MacRae, Salt Lake City, UT, John Cardinal Parks, LeBoeuf, Lamb, Greene & MacRae, Denver, CO, for Mabey.

Matt J. Farley, Preaus, Roddy & Krebs, New Orleans, LA, Janet M. Weiss, Gibson, Dunn & Crutcher, J. Robert Stoll, Mayer, Brown & Platt, New York City, Michael A. Rosenthal, Gibson, Dunn & Crutcher, Dallas, TX, for Louisiana Generating LLC.

Edna Ayliffe Latchem, Thibaut, Thibaut, Bacot, Latchem & Vogt, Baton Rouge, LA, for Triton Coal Co. and Western Fuels Ass'n, Inc.

Ronald M. Martin, Holland & Hart, Colorado Springs, CO, for Triton Coal Co.

Peter J. Lucas, Doherty, Rumble & Butler, Denver, CO, for Western Fuels Ass'n, Inc.

Alfredo R. Perez, Bracewell & Patterson, Houston, TX, Jon Kenton Parsons, Roedel, Parsons, Koch, Frost, Balhoff & McCollister, Baton Rouge, LA, for Enron Capital and Trading Resources, Inc.

R. Patrick Vance, Laura Leigh Blackston, Jones, Walker, Waechter, Poitevent, Carrere & Denegre, New Orleans, LA, for American Commercial Marine Serv. Co.

L. J. Hymel, Baton Rouge, LA, James Christopher Kohn, Frances M. Toole, U.S. Dept. of Justice, Civil Div., Appellate Staff, Washington, DC, for United States of America, Rural Utilities Serv.

Henry J. Kaim, Edward L. Ripley, Patricia Baron Tomasco, Sheinfeld, Maley & Kay, Houston, TX, Kenneth Carter Raney, Jr., Dallas, TX, Bobby Stephen Gilliam, Wilkinson, Carmody & Gilliam, Shreveport, LA, Elizabeth Ann Warren, Harvard Law School, Cambridge, MA, for Southwestern Elec. Power Co.

Melanie Rovner Cohen, Christopher Combest, Darren Brett Watts, Benjamin David Schwartz, Altheimer & Gray, Chicago, IL, John M. Sharp, Baton, Rouge, LA, for Committee of Certain Members of Cajun Elec. Power Co-op.

James B. Supple, Biggs, Trowbridge, Supple & Cremaldi, Franklin, LA, Berry D. Spears, Winstead, Sechrest & Minick, Dallas, TX, for Pointe Coupee Elec. Membership Corp., Amicus Curiae.

James J. Davidson, III, Davidson, Meaux, Sonnier, McElligott & Swift, Mark C. Andrus, Shelton & Legendre, Lafayette, LA, for Southwest Louisiana Membership Corp.

John W. Hutchinson, Voorhies & Labbe, Lafayette, LA, for Southwest Louisiana Membership Corp. and Concordia Elec. Co-op, Inc., Amicus Curiae.

James R. Lackie, Kean, Miller, Hawthorne, D'Armond, McCowan & Jarman, Baton Rouge, LA, for Burlington Northern/Santa Fe Co., Amicus Curiae.

Before KING, SMITH and PARKER, Circuit Judges.


KING, Circuit Judge:

Appellants Southwestern Electric Power Company and the Committee of Certain Members of Cajun Electric Power Cooperative, Inc. appeal the district court's order reversing the bankruptcy court's denial of a motion of appellee Ralph R. Mabey, Chapter 11 trustee of Cajun Electric Power Cooperative, Inc., seeking the disgorgement of certain payments made by Southwestern Electric Power Company to the Committee of Certain Members and a declaration that...

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