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IN RE NATIONAL STEEL CORPORATION

United States Bankruptcy Court, N.D. Illinois, Eastern Division.
May 10, 2005

ORDER GRANTING NSC CREDITOR TRUST'S MOTION TO STRIKE AND DISMISS GENERAL ELECTRIC CAPITAL CORPORATION'S (I) APPLICATION FOR ALLOWANCE AND PAYMENT OF ADMINISTRATIVE CLAIM; (II) MOTION FOR RELIEF FROM SALE ORDER PURSUANT TO BANKRUPTCY RULE 9024; (III) REQUEST FOR RESCISSION OR REFORMATION OF JUNE 11 AGREEMENT; AND (IV) REQUEST FOR OTHER RELATED RELIEF

JOHN SQUIRES, Bankruptcy Judge

Upon consideration of the motion ("Motion") filed by NSC Creditor Trust ("NSC") to Strike And Dismiss General Electric Capital Corporation's (I) Application For Allowance And Payment Of Administrative Claim; (II) Motion For Relief From Sale Order Pursuant To Bankruptcy Rule 9024; (III) Request For Rescission Or Reformation Of June 11 Agreement; And (IV) Request For Other Related Relief; finding that notice of the Motion was appropriate and sufficient under the circumstances; and finding that sufficient cause appears therefor, it is hereby ORDERED:

All capitalized terms used herein but not otherwise defined shall have the meaning ascribed to such term in the Motion.

1. The Motion is granted and the Original Application is stricken and dismissed with prejudice.

2. The Court shall retain jurisdiction over this matter and the parties for the purpose of interpreting, implementing, and enforcing the terms and conditions of this Order.