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IN RE PENN CENTRAL TRANSPORTATION COMPANY

No. 70-347.

346 F.Supp. 1337 (1972)

In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor. Petition of LEASE FINANCING CORP.

United States District Court, E. D. Pennsylvania.

June 8, 1972.

Attorney(s) appearing for the Case

Marvin Comisky, Blank, Rome, Klaus & Comisky, Philadelphia, Pa., for Trustees of the Debtor.

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

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

MEMORANDUM AND ORDER NO. 771

FULLAM, District Judge.

Lease Financing Corporation ("LFC") has petitioned this Court for leave to join the Debtor as an additional defendant in an action now pending in the Court of Common Pleas of Montgomery County (Civil Action—Law No. 70-08104, In Assumpsit) between it and plaintiff, the Budd Company ("Budd").

On May 1, 1966, the Debtor's predecessor, the Pennsylvania Railroad Company, entered into a purchase...

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