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i~ <br />July 29, 1993, the Court approved revised provisions for the <br />post-effective date governance of the Reorganized Debtors (the <br />"Revised Governance Provisions"). Under the Revised Governance <br />Provisions, the functions of the Creditors' Committee were <br />transferred to Scott C. Ring of Ernst & Young, who now acts as <br />Responsible Director. <br />6. Among other actions taken to implement the Plan of <br />Reorganization, the VEBA has been established and has incurred <br />reasonable start-up costs in excess of $75,000. Copies of <br />invoices and detailed billing information which substantiate the <br />VEBA's incurring these start-up costs have been submitted to the <br />Reorganized Debtors and are attached to this Application. <br />7. The following start-up expense items--totaling in <br />excess of $75,000--are detailed in the attached documentation, <br />which was provided to the Reorganized Debtors by counsel for the <br />VEBA (items referred to below are identified in attachments <br />corresponding to the letters set forth below): <br />a. Fiduciary Liability Insurance. $14,675 paid to <br />National Union Fire Insurance Companies (check payable to <br />American International Companies) for the 1993 premium for <br />fiduciary liability insurance for the trustees of the VEBA for <br />coverage effective February 27, 1993. <br />b. Fidelity Bond. $165 paid to the Aetna Casualty <br />and Surety Company for Fidelity Bond No. BY 100813286, providing <br />3 <br />