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IN RE WORLDCOM, INC. (Bankr.S.D.N.Y. 2005)
ARTHUR GONZALEZ, Bankruptcy Judge
Upon consideration of the Debtors' Twenty-Sixth Omnibus Objection to Proofs of Claim (Media Vendor Claims) (Docket No. 12358) (the "Claims Objection") and accompanying notices of objection (the "Notices") filed by WorldCom, Inc. and certain of its direct and indirect subsidiaries, as debtors and debtors in possession (collectively, the "Debtors"), dated September 2, 2004, seeking the expungement and disallowance of certain proofs of claim filed in these cases (the "Claims"); and good and sufficient notice having been given in accordance with the Claims Objection Procedures Order; and it appearing that the Claims Objection with respect to the Media Vendor Claims listed on Exhibit A hereto should be adjourned, without prejudice, to March 22, 2005 at 10:00 a.m. EDT because the Debtors are continuing their review and examination of the response received to the Claims Objection with respect to one of these Media Vendor Claims, and are also in the process of resolving the remaining Media Vendor Claim identified on Exhibit A; and it appearing that the Debtors have withdrawn their objection to the claims identified on Exhibit B as those claims have been resolved; and it appearing that the Debtors and counsel for the Media Vendor Claimant identified on Exhibit C have entered into a settlement agreement to resolve the claim and have further stipulated and agreed that the claim listed on Exhibit C can be expunged from the claims register; and after due consideration and sufficient cause appearing therefore, it is
Capitalized terms used but not defined herein shall retain the same meaning ascribed to such terms in the Objection.
ORDERED that the proofs of claim listed on Exhibit A hereto are hereby adjourned until March 22, 2005, at 10:00 am EDT, and that the Debtors have expressly reserved their right to object to these adjourned Media Vendor Claims listed on Exhibit A hereto; and it is further
ORDERED that the Debtors' objections to the proofs of claim identified on Exhibit B, having already been resolved by Debtors, are hereby withdrawn with prejudice; and it is further
ORDERED that the proof of claim listed on Exhibit C hereto is hereby expunged from the claims register pursuant to the parties' agreement and stipulation; and it is further
ORDERED that, to the extent the Claims Objection, as filed, objects to any proofs of claim not addressed by this Order (the "Remaining Disputed Proofs of Claim"), then the Debtors' reserve their rights to further prosecute their objections against the Remaining Disputed Proofs of Claim and nothing herein shall limit, restrict, or otherwise affect the Debtors' right to do so.
EXHIBIT A CLAIMS TO BE ADJOURNED TO MARCH 22, 2005Claimant Claim No. Claim Amount Fox Broadcasting Company 27449 $ 166,198.00 FX Network LLC 26688 $ 970,570.35
EXHIBIT B Withdrawal of Objections to ClaimsClaimant Claim No. Claim Amount MTV Networks 27626 $ 24,644.06 MTV Networks 27627 $197,366.80 MTV Networks 27628 $ 38,931.03
EXHIBIT C CLAIMS TO BE EXPUNGEDClaimant Claim No. Claim Amount Infinity Broadcasting Corp. 27616 $ 111,500.40
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