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IN RE DAKOTA RAIL, INC.

Bankruptcy No. 4-88-639.

104 B.R. 138 (1989)

In re DAKOTA RAIL, INC., Debtor.

United States Bankruptcy Court, D. Minnesota.

August 4, 1989.

Attorney(s) appearing for the Case

William J. Joanis, David Bergquist, Hart, Bruner & O'Brien, Minneapolis, Minn., for debtor.

Kim Anderson, Minneapolis, Minn., for trustee.

MEMORANDUM ORDER DENYING APPROVAL OF DISCLOSURE STATEMENT

NANCY C. DREHER, Bankruptcy Judge.

The above entitled matter came on for hearing seeking approval of a Disclosure Statement filed on June 30, 1989 by Jerome A. Ross, the sole shareholder of the debtor; two partnerships, Sisseton Line Associates and Little Crow Partnership, of which Mr. Ross is a partner; and two unsecured creditors, Anderson Interiors, Inc. and Jerabek Machine Shop ("the proponents...

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