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MATTER OF CHICAGO, MILWAUKEE, ST. PAUL & PACIFIC

No. 77 B 8999.

137 B.R. 271 (1992)

In the MATTER of CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD COMPANY, Debtor. In the Matter of ADMINISTRATIVE CLAIM OF IOWA INTERSTATE RAILROAD, LTD.

United States District Court, N.D. Illinois, E.D.

January 29, 1992.

Attorney(s) appearing for the Case

Daniel R. Murray, Jenner & Block, Chicago, Ill., for Chicago Milwaukee Corp.

Stephen C. Bruner, Philip L. Harris and Kyle L. Harvey, Winston & Strawn, Chicago, Ill., for Iowa Interstate Railroad, Ltd.

MEMORANDUM AND ORDER

LINDBERG, District Judge.

I. Background

This dispute involves a 54-mile segment of rail track connecting Davenport and Iowa City, Iowa ("Iowa City line"). On October 10, 1984, Heartland Rail Corporation ("Heartland") acquired the 54-mile Iowa City line. With the purchase of the Iowa City line, Heartland also acquired 500 additional miles of rail line to the east and west of the Iowa City line. Heartland subsequently...

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