In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor.
Re: CONTINGENT COMPENSATION.
United States District Court, E. D. Pennsylvania.https://leagle.com/images/logo.png
January 26, 1973.
January 26, 1973.
Attorney(s) appearing for the Case
Blank, Rome, Klaus & Comisky, by Marvin Comisky, and Robert P. Lipkin, Philadelphia, Pa., for trustees, PCTC.
Drinker, Biddle & Reath, by Rush T. Haines, II, Philadelphia, Pa., for Chase Manhattan Bank.
Jack B. Justice, Philadelphia, Pa., for Girard Trust Bank.
Jacob I. Goodstein, by B. W. Mehlman, New York City, for Allen J. Greenough.
Labrum & Doak, by Edward C. German and Joseph G. Manta, Philadelphia, Pa., for David Bevan.
Fox, Rothschild, O'Brien & Frankel, by Nochem S. Winnet, Philadelphia, Pa., for First Nat. City Bank of N. Y.
Dechert, Price & Rhoads, by Matthew J. Broderick, Philadelphia, Pa., for Penn Cent. Co.
Bader & Bader, by I. Walton Bader, New York City, for Penn Cent. Bondholders Protective Committee.
Litvin & Rutter, by Thomas B. Rutter, Philadelphia, Pa., for Alfred E. Perlman.
Montgomery, McCracken, Walker & Rhoads, by Joseph W. Swain, Jr., Philadelphia, Pa., for James M. Symes.
Takiff, Bolger & Murphy, by Harry A. Takiff, Philadelphia, Pa., for Stuart T. Saunders.
Mann & Unger, by Theodore R. Mann, Philadelphia, Pa., for Kohout, Smucker, Tackbary, Carpi, Cousins, Ewalt, Fair, Henry, Jones, Marine, Morris, Nancarrow, Newell, Patchell, Pevler, Schroeder, Smith, Symes, Roberts, Cranwell and Prizer.
Tate & Erwin, by W. Bourne Ruthrauff, and Spencer Ervin, Jr., Philadelphia, Pa., for Richard Joyce Smith, trustee, New York, New Haven & Hartford R. R.
United States District Court, E. D. Pennsylvania.
MEMORANDUM AND ORDER NO. 1087
FULLAM, District Judge.
By virtue of various applications and responses thereto, all of which will be detailed later, the Court is required to make comprehensive rulings governing the status of various retirement programs and related programs of the Debtor. A brief description of the programs in question is set forth below; the actual application of each program to particular employees may vary depending upon hiring date and...
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