IN RE PENN CENTRAL TRANSPORTATION COMPANY

No. 70-347.

372 F.Supp. 1123 (1974)

In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor. In re PHILADELPHIA AREA COMMUTER SERVICE.

United States District Court, E. D. Pennsylvania.

March 18, 1974.


Attorney(s) appearing for the Case

Carl Helmetag, Jr., Philadelphia, Pa., for the trustees, PCTC.

Ballard, Spahr, Andrews & Ingersoll, by Frederic L. Ballard, and Alan Fellheimer, Philadelphia, Pa., for Girard Trust Bank, Pennsylvania Railroad Indenture Trustee, and Institutional Investors, Penn Central Group.

Ballard, Spahr, Andrews & Ingersoll, by Richardson Blair, Philadelphia, Pa., for Girard Trust Bank.

Willkie, Farr & Gallagher, by Walter H. Brown, Jr., New York City, for Institutional Investors, Penn Central Group.

Sullivan & Worchester, by Morris Raker, Boston, Mass., and Gratz, Tate, Spiegel, Ervin & Ruthrauff, by Spencer Ervin, Jr., and Wilbur Bourne Ruthrauff, Philadelphia, Pa., for Richard Joyce Smith, trustee, N. Y., New Haven & Hartford RR Co.

Jones, Day, Cockley & Reavis, by Leigh B. Trevor, Cleveland, Ohio, for National Rail Passenger Corp.

Morgan, Lewis & Bockius, by John N. Schaeffer, Jr., Philadelphia, Pa., for The Fidelity Bank and Mfg. Hanover Trust Co.

Kleinbard, Bell & Brecker, by John B. Nason, III, Philadelphia, Pa., for Congress of Railway Unions.

Mulholland, Hickey & Lyman, by Geoffrey N. Zeh, Washington, D.C., for Railway Labor Executives Assn.

Fox, Rothschild, O'Brien & Frankel, by Howard R. Flaxman, Philadelphia, Pa., for First National City Bank of New York.

Wolf, Block, Schorr & Solis-Cohen, by Michael L. Temin, Philadelphia, Pa., for First Pennsylvania Banking & Trust Co., indenture trustee.


OPINION AND ORDER NO. 1507

FULLAM, District Judge.

The Court is confronted with a number of issues concerning the commuter service furnished by the Debtor in the Philadelphia area, and certain proposed arrangements between the Debtor and Southeastern Pennsylvania Transportation Authority (SEPTA) affecting that service.

I.

Description of the Service

The Philadelphia area commuter service embraces some 137 route miles of...

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