IN RE ERIE LACKAWANNA RAILWAY COMPANY

No. B72-2838.

393 F.Supp. 352 (1975)

In the Matter of ERIE LACKAWANNA RAILWAY COMPANY, Debtor.

United States District Court, N. D. Ohio, E. D.

March 18, 1975.


Attorney(s) appearing for the Case

Richard Jackson, Vice President Law, Cleveland, Ohio, Harry G. Silleck, Jr., John L. Altieri, Jr., Mudge Rose Guthrie & Alexander, New York City, for Erie Lackawanna Railway Co.

Malvin E. Bank, Alan R. Lepene, William B. Leahy, Thompson, Hine & Flory, Cleveland, Ohio, for First National City Bank and United States Trust Co. of New York.

Carl C. Tucker, Frank C. Heath, William S. Paddock, Jones, Day, Reavis & Pogue, Cleveland, Ohio, for Morgan Guaranty Trust Co. of New York and The Cleveland Trust Co.

Ralph A. Colbert, Marc W. Freimuth, Squire, Sanders & Dempsey, Cleveland, Ohio, for Manufacturers Hanover Trust Co. and Marine Midland Bank-New York.

Fred H. Marcusa, Davis, Polk & Wardwell, New York City, for Morgan Guaranty Trust Co.

Gordon P. MacDougall, Sp. Asst. Atty. Gen., Commonwealth of Pennsylvania, Harrisburg, Pa., for Commonwealth of Pennsylvania.

James Dausch, Asst. Atty. Gen., Civ. Div., U. S. Dept. of Justice, Washington, D. C., for United States of America, Dept. of Justice.

Jerome Sharfman, U. S. Dept. of Trans., Washington, D. C., for U. S. Dept. of Trans.

Harry C. Nester, Earl M. Leiken, D. Frank Frisina, Hahn, Loeser, Freedheim, Dean & Wellman, Cleveland, Ohio, Richard K. Kneipper, Chadbourne, Parke, Whiteside & Walff, New York City, for Bankers Trust Co.

Frederick Assini, Calfee, Halter & Griswold, Cleveland, Ohio, for Chemical Bank and First Jersey National Bank.


ORDER NO. 340

Memorandum Re: Document Nos. 957, 990, 992 and 996

KRUPANSKY, District Judge.

The Erie Lackawanna Railway Company (hereinafter EL) has been, and continues to be an integral segment of the National Transportation Systems serving the highly industrialized northeastern United States. Its main line extends between Chicago and New York City. EL operates over 2,800 miles of railroad serving the cities of Marion, Akron and Youngstown in...

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