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IN RE WHEELING-PITTSBURGH STEEL CORP.

Bankruptcy No. 85-793 PGH, Motion Nos. 89-4834, 87-6370.

109 B.R. 689 (1990)

In re WHEELING-PITTSBURGH STEEL CORPORATION, et al., Debtor.

United States Bankruptcy Court, W.D. Pennsylvania.

January 26, 1990.

Attorney(s) appearing for the Case

Kevin C. Hansen, Pittsburgh, Pa., for Bethlehem Rail Acquisition Corp.

Ronald W. Schuler, Pittsburgh, Pa., for debtor.

OPINION

WARREN W. BENTZ, Bankruptcy Judge.

Background

The debtor, Wheeling-Pittsburgh Steel Corporation, filed its Petition for Reorganization under Chapter 11 of the Bankruptcy Code on April 16, 1985. In September, 1988, Bethlehem Rail Acquisition Corporation, Inc. ("Bethrail") submitted a $20 million bid for property owned by the debtor known as the Monessen Rail Mill ("Rail Mill"). The sale was approved by this court and Bethrail and...

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