In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor.
In re PROPOSED AGREEMENT WITH AMTRAK.
United States District Court, E. D. Pennsylvania.https://leagle.com/images/logo.png
November 3, 1977.
November 3, 1977.
Attorney(s) appearing for the Case
Carl Helmetag, Jr., Donald A. Brinkworth, David Kelso McConnell, Philadelphia, Pa., and Covington & Burling by Cary Dickieson, Washington, D.C., for the trustees, Penn Cent. Transp. Co.
Gratz, Tate, Spiegel, Ervin & Ruthrauff by Spencer Ervin, Jr., Philadelphia, Pa., and Sullivan & Worcester by Morris Raker, Boston, Mass., and Charles Morse, for Richard Joyce Smith, trustee, New York, New Haven & Hartford R. Co.
Ballard, Spahr, Andrews & Ingersoll by Frederic L. Ballard and Alan Fellheimer, Philadelphia, Pa., for Institutional Investors Penn Cent. Group and American Nat. Bank & Trust Co., Bank of New York, Bankers Trust Co., Fidelity Bank, First Pennsylvania Banking & Trust Co., Girard Trust Bank, Irving Trust Co., Manufacturers Nat. Bank of Detroit, Mellon Bank, N.A., Provident Nat. Bank, Wilmington Trust Co., United States Trust Co., and Bank of New Jersey.
Curtin & Heefner by Edward I. Dobin, Morrisville, Pa., for The Bank of New Jersey.
Ewing & Cohen by William H. Ewing, Philadelphia, Pa., for the Connecting Ry. Co., trustee of the Philadelphia, Baltimore & Washington R. Co., trustee of the Delaware R. Co., and receiver of the United New Jersey R. and Canal Co.
Wolf, Block, Schorr & Solis-Cohen by Michael L. Temin, Philadelphia, Pa., for First Pennsylvania Banking & Trust Co.
Fox, Rothschild, O'Brien & Frankel by Nochem S. Winnet, Philadelphia Pa., for First Nat. City Bank of New York.
United States District Court, E. D. Pennsylvania.
In Proceedings for the Reorganization of a Railroad
FULLAM, District Judge.
An unresolved issue which has long been pending before this Court is whether or not a proposed amended agreement between the Trustees and the National Rail Passenger Corporation ("Amtrak") should be approved. Initially, disposition of this matter was deferred so that the proposed contract, and various other possible alternatives, could be compared on the basis of actual, rather than...
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