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IN RE NATIONAL STEEL CORPORATION, (Bankr.N.D.Ill. 2002)

United States Bankruptcy Court, N.D. Illinois, Eastern Division.
Apr 2, 2002
ORDER UNDER 11 U.S.C. § 365 (A) AND 105(A) AND BANKRUPTCY RULE 6006 AUTHORIZING REJECTION OF CERTAIN EXECUTORY CONTRACTS

JOHN H. SQUIRES, United States Bankruptcy Judge

This matter having come before the Court on the motion, dated March 15, 2002 (the "Motion"), of the above-captioned debtors and debtors-in-possession (collectively, the "Debtors"), for an order under 11 U.S.C. § 365 (a) and 105(a) and Rule 6006 of the Federal Rules of Bankruptcy Procedure authorizing the Debtors to reject two executory contracts effective as of March 15, 2002, as more hilly described in the Motion; and the Court having determined that the relief requested in this Motion is in the best interests of the Debtors, their estates, their creditors and other parties-interest; and it appearing that notice of the Motion was good and sufficient under the particular circumstances and that no other or further notice need be given; and upon the record herein; and after due deliberation thereon; and good and sufficient cause appearing therefor, it is hereby

Unless otherwise defined, capitalized terms used herein shall have the meanings ascribed to them in the Motion.

ORDERED, ADJUDGED AND DECREED THAT:

1. The Motion be, and it hereby is, GRANTED.

2. The Contracts attached hereto as Exhibit A and Exhibit B are hereby rejected.

3. This Court shall retain jurisdiction to decide any disputes arising between the Debtors, EnergyUSA/TPC Corp. and OGE Energy Resources, Inc. with respect to the rejection of the Contracts or this Order.

4. Energy USA/TPC Corp. and OGE Energy Resources, Inc. shall have until the general bar date as established in these cases to file a claim for rejection damages, if any, arising from rejection of' the Contracts.