IN RE PENN CENTRAL TRANSPORTATION COMPANY

No. 70-347.

341 F.Supp. 843 (1972)

In the Matter of PENN CENTRAL TRANSPORTATION CO., Debtor. In re BUDD CO. v. LEASE FINANCING CORP. v. PENN CENTRAL TRANSPORTATION CO., Debtor.

United States District Court, E. D. Pennsylvania.

April 7, 1972.


Attorney(s) appearing for the Case

Joseph W. Swain, Jr., Montgomery, McCracken, Walker & Rhoads, Philadelphia, Pa., for Budd Co.

William J. Taylor, Morgan, Lewis & Bockius, Philadelphia, Pa., for Lease Financing.

Marvin Comisky, Blank, Rome, Klaus & Comisky, Philadelphia, Pa., for respondent.


OPINION AND ORDER NO. 641

FULLAM, District Judge.

The Budd Company ("Budd") brought suit in the Court of Common Pleas of Montgomery County, Pennsylvania (C. A., Law, # 70-08104) against Lease Financing Corporation ("LFC") to recover sums allegedly due on the purchase of certain Metroliner cars manufactured by Budd, sold to LFC under a financing agreement pursuant to which the cars are leased to the Debtor. LFC seeks to join the Debtor in that action, on...

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