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NATIONAL RURAL UTILITIES v. WABASH VALLEY POWER

No. IP 87-1127-C, Bankruptcy No. IP 85-2238 RA(V).

111 B.R. 752 (1990)

NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP., and United States of America, Dept. of Agriculture, Appellants, v. WABASH VALLEY POWER ASSN., INC., Appellee. In re WABASH VALLEY POWER ASSN., INC., Debtor.

United States District Court, S.D. Indiana, Indianapolis Division.

January 19, 1990.

Attorney(s) appearing for the Case

John J. List, Nat. Rural Utilities Co-op., Washington, D.C., Alan W. Kornberg, Wilbur F. Foster, Jr., Robert P. Orain, Milbank, Tweed, Hadley & McCloy, New York, N.Y., for appellant Nat. Rural Utilities.

George Kielman, Timothy Brown, Trial Attys., Civ. Div., U.S. Dept. of Justice, Washington, D.C., for appellant U.S.

David H. Kleiman, Melvin Daniel, Dann Pecar Newman Talesnick & Kleiman, Indianapolis, Ind., for appellee Wabash Valley.

ORDER ON MERITS OF APPEAL

McKINNEY, District Judge.

This bankruptcy appeal comes before the Court for a decision on the merits. The issues raised were fully briefed as of October 20, 1988. On December 4, 1989, this Court denied the debtor's motion to dismiss the government's appeal. Oral argument on the merits of the appeal was then heard on December 19, 1989. The Court, having reviewed the entire record and the relevant law, now enters its ruling on the...

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