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MATTER OF READING CO.

Bankruptcy No. 71-828.

72 B.R. 258 (1987)

In the Matter of READING COMPANY, Debtor.

United States District Court, E.D. Pennsylvania.

March 25, 1987.

Attorney(s) appearing for the Case

John W. Morris, Philadelphia, Pa., for plaintiff.

Alan Kleinburd, Dept. of Justice, Washington, D.C., for defendant.

MEMORANDUM AND ORDER

DITTER, District Judge.

Prior to its bankruptcy reorganization, Reading Company operated a railroad and covered its active and retired noncontract employees with a group life insurance plan. The question presently raised is whether Reading could terminate this plan with respect to its retired employees when it reorganized under the Regional Rail Reorganization Act of 1973, 45 U.S.C. §§ 701 et seq. It comes before the...

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