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MATTER OF TRANSAMERICAN FREIGHT LINES, INC.

Bankruptcy No. 75-94047-B.

40 B.R. 88 (1984)

In the Matter of TRANSAMERICAN FREIGHT LINES, INC., Debtor.

United States Bankruptcy Court, E.D. Michigan, S.D.

May 14, 1984.

Attorney(s) appearing for the Case

Miller, Canfield, Paddock & Stone by Emmett E. Eagan, Detroit, Mich., for Transamerican Properties, Inc.

Grant, Boigon, Schon & Wise, P.C. by Irving I. Boigon, Southfield, Mich., for Creditors' Committee.

OPINION

GEORGE BRODY, Bankruptcy Judge.

Transamerican Freight Lines, Inc. (TAFL) hauled freight by truck throughout the United States. On October 10, 1975, TAFL filed a Chapter XI petition. When the petition was filed, the debtor had secured debt of approximately $8,000,000, tax liabilities of approximately $6,000,000, a debt to the Teamsters Health, Welfare and Pension Funds of approximately $1.2 million and unsecured debt of approximately $7,700,000. A...

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