IN RE PENN CENTRAL TRANSPORTATION COMPANY

No. 70-347.

355 F.Supp. 1346 (1973)

In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor. Re: Objections of O'Connell and Bauer to Proposed Sales of Real Estate.

United States District Court, E. D. Pennsylvania.

March 1, 1973.


Attorney(s) appearing for the Case

James E. Howard, Philadelphia, Pa., for Trustees.

Robert A. Lebovitz, Lebovitz & Lebovitz, Pittsburgh, Pa., for O'Connell & Bauer.


MEMORANDUM AND ORDER NO. 1131

FULLAM, District Judge.

Order No. 602 in these proceedings, 340 F.Supp. 851, sets forth the procedures to be followed in carrying out "mior" sales of real estate (i. e., where the proposed sale price does not exceed $100,000). In general, the Trustees are thereby authorized to effect such sales in their discretion, without the necessity of obtaining separate court approval for each...

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