GENERAL34781

• Permit No: M1977376
• IBM Index Class Name: General Documents
• Doc Date: 2/11/1993
• Doc Name: OBJECTION BY CF&I STEEL CORP TO APPLICATION FOR ALLOWANCE OF EXPENSES OF ADMINISTRATION DATED 01-15-
• Media Type: D
• Archive: No

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lat. 1a1TERN11Ht osry bristly, lour eonor. I weld
indicate that the Dnsscured Creditors' Committee aovecl to
intervene as a party plaintiff is this action sad have
received wzd that ionr loaor saaentad that order as Mloadny
of thi• mock sad it eras aatued yesterday. iscanss o!' that,
ao response has been tiled by the Committee, althon~~h the
Committee joins in the position of the Debtors.
The Committee's concern in this ease is t~~ aoaitor
claims sad to assure thst creditor ue only given priority
that ue entitled to priority.
The claims asserted by the Departs-ent of ]i.abor for
priority are similar to those, as ![s. teaks has atai:ed,
similar to those asserted by the PBGC. ]lad although the
collection aechaaism is patterned after the effiefa~t
sechanism •stablishsd for the Internal Rsvenns rervj~ce, that
does not give rise to their claims bsiaq tar elaias..
?or those reasons, the Cowittee would jots .in the
ugumeat and mould ask this Court to deny nay pziori.ty status
to those claims.
T88 COUltTt ? bask yon, llr. Natarsiaa. .
Ire thers nay other parties who wish to ap~aalk in
anpport of the Dsbtors• action for snamary jndgaeat4
?he parties uquiaq is oppositiomT rir. atab:ler.
lat. ST118LERs ?hank you. I will 'try to be brief.
I know the Court bas a tairly toll schedule.