In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor.
In re SETTLEMENTS WITH AMTRAK, CONRAIL, NEW YORK STATE AND SIX MONTHS CREDITORS.
United States District Court, E. D. Pennsylvania.https://leagle.com/images/logo.png
August 11, 1978.
August 11, 1978.
Attorney(s) appearing for the Case
James E. Howard, John J. Ehlinger, Jr., Robert Szwajkos, Philadelphia, Pa., for Penn Central Trustees.
Laurence Z. Shiekman, Philadelphia, Pa., for ConRail.
Douglas G. Sanborn, Deputy Atty. Gen., Trenton, N. J., for State of New Jersey.
Edward C. Toole, Jr., Philadelphia, Pa., for Committee of Interline Railroads.
Walter H. Brown, Jr., New York City, for Institutional Investors Penn Central Group.
David S. Hope, Philadelphia, Pa., for American Telephone & Telegraph Co. and other Bell System Companies, General Motors Corp., Syntonic Technology, Inc., Federal Transportation Co., Frank and Vincent Viseglia, et al.
Kenneth M. Kramer, New York City, for Citibank, as agent for the Committee of Secured Bank Creditors.
Spencer Ervin, Jr., Philadelphia, Pa., for New Haven Trustee.
Vincent P. Hatton, Philadelphia, Pa., for Girard Trust Bank.
Joseph A. Schafer, for Self and Class of Minority stockholders of Penn Central Co.
Brice Clagett, Washington, D. C., Carl Helmetag, Jr., Andrew P. Corcoran, Jr., Philadelphia, Pa., for Penn Central Trustees.
Robert H. MacKinnon, New York City, for Citibank, N. A., as Agent for the Committee of Secured Bank Creditors.
F. Hastings Griffin, Jr., Philadelphia, Pa., for Amtrak.
Morris Raker, Boston, Mass., for Richard Joyce Smith, New Haven Trustee.
F. L. Ballard, Jr., Philadelphia, Pa., for Institutional Investors, Penn Central Group.
Michael Patterson, for Provident National Bank.
United States District Court, E. D. Pennsylvania.
OPINION RE SETTLEMENTS WITH AMTRAK, CONRAIL, NEW YORK STATE, AND THE SIX MONTHS CREDITORS
FULLAM, District Judge.
In the Approval Opinion, a pending settlement of Amtrak's claims and the dispute with respect to the amount and character of ConRail's claims were discussed. The Trustees and ConRail have resolved their disputes and a settlement has been presented to the Court. Settlements with the State of New York and the Six Months Creditors have also...
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