JEFF BOHM, Bankruptcy Judge
On this day, the Court considered the Disbursing Agent's Motion For Order Authorizing Disbursing Agent To Abandon Certain Books and Records (Docket # 5262) (the "Motion") and the Objections thereto filed by American International Specialty Lines Insurance Company (Docket # 5275 and 5276) and ACE American Insurance Company and ACE Bermuda Insurance, Ltd. (Docket # 5270) (collectively, the "Objections"). The Court, after reviewing the Motion and the Objections and considering the arguments of counsel, finds that the Motion has been properly served pursuant to the Federal Rules of Bankruptcy Procedure and Local Rules of Bankruptcy Procedure and that the Motion is well taken and should be granted.
IT IS, THEREFORE, ORDERED, ADJUDGED, and DECREED, that the Motion is GRANTED, and the Disbursing Agent is authorized to abandon or otherwise destroy documents, books and records related to the Debtors that are not material to (i) the resolution of known outstanding claims or claims objections, (ii) any pending adversary proceeding and/or contested matter, (iii) the administration of the Plan and closing of the Debtors' bankruptcy estate, (iv) the Debtors' ongoing responsibilities under any stipulation or order previously approved or signed by the Court, or (v) any matter covered by one of the Debtors' insurance policies.
IT IS FURTHER ORDERED that, after ninety (90) days from the date of entry of this Order, the Disbursing Agent is authorized to abandon or otherwise destroy all remaining documents in his possession or control, including those identified in the immediately preceding paragraph of this Order.
IT IS FURTHER ORDERED that, during the ninety (90) day period commencing from the date of entry of this Order, American International Specialty Lines Insurance Company, ACE American Insurance Company, ACE Bermuda Insurance, Ltd. and/or any other interested party is permitted to inspect and remove or otherwise take possession or control of any documents deemed relevant to one of the Debtors' insurance policies and/or any potential claims thereunder from the Document Retention Facilities, as defined in the Motion.