In Re Penn-Dixie Industries, Inc.

BURTON R. LIFLAND, Bankruptcy Judge.

On April 7, 1980, Penn-Dixie Industries, Inc. (“PDI”), a major national cement manufacturer, and Penn-Dixie Steel Corporation (“PDS”), a primary steel manufacturer and subsidiary of PDI, filed for reorganization under Chapter 11 of the Bankruptcy Code. 1 These cases are noteworthy in that they were among the largest (if not the largest) and most complex proceedings then filed under the Bankruptcy Code. The reorganizations have since successfully culminated in confirmation of integrated plans of reorganization. Effectively the recovery to creditors will be…