IN RE COLUMBIA GAS SYSTEMS INC.

No. 93-7609.

33 F.3d 294 (1994)

In re COLUMBIA GAS SYSTEMS INC. Columbia Gas Transmission Corporation, Debtors, U.S. TRUSTEE, v. COLUMBIA GAS SYSTEMS INC. Columbia Gas Transmission Corporation Thomas E. Ross, Trustee Official Committee of Unsecured Creditors of the Columbia Gas System, Inc.; The Official Committee of Equity Security Holders of the Columbia Gas System, Inc. Appellee Columbia Gas System, Inc. ("CG"); Columbia Gas Transmission Corporation ("TCO"), Appellants.

United States Court of Appeals, Third Circuit.

Decided August 29, 1994.


Attorney(s) appearing for the Case

Edward B. Maxwell, 2nd (Argued), James L. Patton, Jr., Robert S. Brady, Bhavana Sontakay, Young, Conaway, Stargatt & Taylor, Wilmington, DE, for appellants.

Thomas E. Ross, U.S. Trustee, Frederic J. Baker, Sr. Asst. U.S. Trustee, John D. McLaughlin, Jr., Office of the U.S. Trustee, Philadelphia, PA, Martha L. Davis, General Counsel, T. Patrick Tinker (Argued), Executive Office for U.S. Trustees, Washington, DC, for appellee Thomas E. Ross.

S. David Peress, Morris, Nichols, Arsht & Tunnell, Wilmington, DE, for appellee Official Committee of Unsecured Creditors of the Columbia Gas System, Inc.

Elizabeth P.S. Fouche LeBoeuf, Lamb, Greene & MacRae, Albany, NY, for appellee Official Committee of Equity Sec., Holders of the Columbia Gas Systems, Inc.

Before: SLOVITER, Chief Judge, HUTCHINSON and SEITZ, Circuit Judges.


OPINION OF THE COURT

SLOVITER, Chief Judge.

Before us on this appeal is a statutory interpretation issue of first impression for an appellate court — whether the investment rules set forth in 11 U.S.C. § 345(b) for bankruptcy estates are mandatory requirements or merely suggested methods of investment that the bankruptcy court can modify or waive. The issue is a legal one over which our review is plenary.

I.

Appellant Columbia...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases