MATTER OF PENN CENT. TRANSP. CO.

No. Bky. 70-347.

438 F.Supp. 1085 (1977)

In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor. In re ALLOWANCE OF INTEREST ON PERSONAL INJURY CLAIMS.

United States District Court, E. D. Pennsylvania.

Reargument Denied November 2, 1977.


Attorney(s) appearing for the Case

Ivan Shomer, Philadelphia, Pa., for the Penn Central Trustees.

Peter Wilkinson, Bridgeport, Conn., for City Trust, Trustee of Harlem First Mortgage.

Spencer Ervin, Jr., Philadelphia, Pa., for New Haven Trustee.

Emil Leepson, New York City, for Parkbilt Associates, Inc.


MEMORANDUM AND ORDER NOS. 3171 AND 3172

FULLAM, District Judge.

Order No. 2921 authorized the Trustees to extend an offer to settle all outstanding prebankruptcy personal injury claims which were then liquidated in amount (or which thereafter became liquidated in amount during specified periods) by paying in full, in cash, the principal amount of such claims "exclusive of interest and penalties."

The petitioner, Stella Hand, Administratrix of the...

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