In the Matter of The NEW YORK, SUSQUEHANNA & WESTERN RAILROAD COMPANY.
United States District Court, D. New Jersey.https://leagle.com/images/logo.png
November 18, 1980.
November 18, 1980.
Attorney(s) appearing for the Case
Walter Rich, President and Chief Ex. Officer, Delaware Otsego Corp., New York City, Richard Honig, Howard S. Greenberg, Ravin, Katchen & Greenberg, Newark, N. J., for Trustee.
Bernard Cedarbaum, Carter, Ledyard & Milburn, New York City, for Indentured Trustee U.S. Trust Co.
Robert M. Maidman, New York City, for Series A Bondholders.
William P. Quinn, Fell, Spalding, Goff & Rubin, Philadelphia, Pa., for Delaware Otsego Corp.
Donald Lampson, Elkind & Lampson, New York City, for United Trans. Union.
John H. Broadley, U. S. Dept. of Justice, Washington, D. C., Walter Scott, Sr., Ridgefield Park, N. J., for Trustee, N. Y. Susquehanna & Western RR Co.
Charles A. Spitulnik, Highsaw, Mahoney & Friedman, Washington, D. C., for Railway Labor Executives Assoc.
J. Sheldon Cohen, Schneider, Cohen & Solomon, Jersey City, N. J., local counsel. Thomas A. Woodley, Muholland, Hickey, Lyman, McCormick, Fisher & Hickey, Washington, D. C., for Railway Employees Dept. IAM.
Michael R. Griffinger, Crummy, Del Deo, Dolan & Purcell, Newark, N. J., for Indentured Trustee Chemical Bank.
Jerome A. Vogel, Jeffer, Walter, Tierney, DeKorte, Hopkinson & Vogel, Paterson, N. J., for Shippers Task Force.
Richard A. Allen, General Counsel, Washington, D. C., Edward Roberts, III, Kelley, Drye & Warren, New York City, for Indentured Trustee Manufacturer's Hanover.
Joseph L. Yannotti, Deputy Atty. Gen., State of N. J., Trenton, N. J., William J. McGee, Lum, Biunno & Tompkins, Newark, N. J., for Debtor, N. Y. Susquehanna.
Kenneth S. Levy, Deputy Atty. Gen., State of N. J., Trenton, N. J., Lewis N. Wilson, Chatham, N. J., Marc N. Isenberg, Osterweil, Wind & Loccke, Edgewater, N. J., John B. Murray, Connell, Foley & Geiser, Newark, N. J., Internal Revenue Service, Special Procedure Section, Newark, N. J., Susan Engelman, Asst. U. S. Atty., Newark, N. J., Donald F. Luke, Rogers & Wells, New York City, for Committee on Interlines.
Gary Newman, Newman & Cary, East Orange, N. J., for Delaware Oswego.
Weisman, Celler, Speet, Modlin & Wertheimer, New York City, Special Counsel to Trustee. (No appearance.)
William C. Struyk, Cravath, Swain & More, New York City, for Chemical Bank.
United States District Court, D. New Jersey.
OPINION
WHIPPLE, Senior District Judge.
TO ALL COUNSEL OF RECORD:
Presently pending before this Court is the Second Amended Plan of Reorganization (the "Plan") for the New York, Susquehanna & Western Railroad Company ("NYS&W"). While a determination as to approval or disapproval of the Plan shall not be made by this Court until a report on the Plan is received from the I.C.C.1, one important issue pertaining...
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