MATTER OF CHICAGO, MILWAUKEE, ST. PAUL & PAC. R. CO.

No. 85-2579.

830 F.2d 758 (1987)

In the Matter of CHICAGO, MILWAUKEE, ST. PAUL & PACIFIC RAILROAD COMPANY, Debtor. Appeal of UNITED STATES of America, Soo Line Railroad, Intervening-Respondent.

United States Court of Appeals, Seventh Circuit.

Decided September 28, 1987.


Attorney(s) appearing for the Case

Theresa E. McGlaughlin, U.S. Tax Div., Dept. of Justice, Washington, D.C., for intervening-respondent.

Barry Sullivan, Jenner & Block, Chicago, Ill., for debtor.

Before WOOD and RIPPLE, Circuit Judges, and FAIRCHILD, Senior Circuit Judge.


HARLINGTON WOOD, Jr., Circuit Judge.

The United States appeals from an order of the district court approving a plan of reorganization for a railroad. The government, as a creditor for railroad retirement taxes, contends that the plan of reorganization does not provide for an appropriate rate of interest to be paid on the taxes that have been due the government since 1977. The government takes the position that it is entitled to interest at the rates determined under...

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