IN RE TRANS WORLD AIRLINES, INC.

No. 93-7721.

18 F.3d 208 (1994)

In re TRANS WORLD AIRLINES, INCORPORATED, Debtors. UNITED STATES of America v. TRANS WORLD AIRLINES, INCORPORATED, Thomas E. Ross, Trustee, The Official Unsecured Creditors' Committee of Trans World Airlines, Inc., Appellee. Trans World Airlines, Inc., Appellant.

United States Court of Appeals, Third Circuit.

Decided March 10, 1994.


Attorney(s) appearing for the Case

William H. Sudell, Jr., S. David Peress, Morris, Nichols, Arsht & Tunnell, Wilmington, DE, David S. Kurtz, Richard M. Cieri, Jane A. Rue (argued), Jones, Day, Reavis & Pogue, New York City, for appellant.

Frank W. Hunger, Asst. Atty. Gen., Richard G. Andrews, U.S. Atty., J. Christopher Kohn, Sandra Spooner, Ruth A. Harvey, Samuel R. Maizel (argued), U.S. Dept. of Justice, Civil Div., Washington, DC, for appellee U.S.

James E. Spiotto, Barbara C. Klabacha, Jeffrey T. Veber, Chapman and Cutler, Chicago, IL, Laura Davis Jones, Young, Conaway, Stargatt & Taylor, Wilmington, DE, for appellee Official Unsecured Creditors' Committee of Trans World Airlines, Inc.

Before: SCIRICA, LEWIS, AND GARTH Circuit Judges.


OPINION OF THE COURT

GARTH, Circuit Judge.

The appellant, Trans World Airlines, Inc. ("TWA"), appeals from the October 19, 1993 order of the district court granting the Government a stay pending appeal of the September 30, 1993 order of Bankruptcy Court Judge Balick.1 In her September 30, 1993 order, Judge Balick: (1) denied the Government relief from the automatic stay imposed by 11 U.S.C. § 362 to set off an $8.36 million...

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