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IN RE BANK OF NEW ENGLAND CORP.

No. 91-10126-WCH.

269 B.R. 82 (2001)

In re BANK OF NEW ENGLAND CORPORATION, Debtor.

United States Bankruptcy Court, D. Massachusetts.

November 1, 2001.

Attorney(s) appearing for the Case

Hugh Ray, Robin Russell, Andrews & Kurth L.L.P., Houston, TX, for Trustee.

Sarah L. Reid, Joseph N. Froehlich, Kelly Drye & Warren LLP, New York City, for Senior Indenture Trustees.

Steven Weiss, Shatz, Schwartz & Fentin, P.C., Springfield, MA, Dianne F. Coffino, Dewey Ballantine LLP, New York City, Katherine A. Constantine, Monica L. Clark, Dorsey & Whitney LLP, Minneapolis, MN, for Junior Indenture Trustees.

MEMORANDUM DECISION ON TRUSTEE'S MOTION FOR ORDER AUTHORIZING FOURTH INTERIM DISTRIBUTION

WILLIAM C. HILLMAN, Chief Judge.

Dr. Ben S. Branch, Chapter 7 Trustee (the "Trustee") of Bank of New England Corporation ("BNEC" or "the Company") has moved for authority to make a fourth interim distribution in the amount of $11,000,000 to the creditors of the estate (the "Motion"). As to the recipients of this distribution, the Trustee avers:

Pursuant to the...

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