Trustees of the Property of Penn Central Transportation Co. v. Consolidated Rail Corp.

FRIENDLY, Presiding Judge:

This is a sequel to our earlier opinion in this action, 421 F.Supp. 1055 (1976), familiarity with which is assumed. We there denied an application by the Penn Central Trustees to direct ConRail to deposit in *1259escrow, pending determination of this action, proceeds ConRail had received in cash and the cash equivalent of what it would receive in the form of credits or offsets from its transfer of the Northeast Corridor properties (NEC) to Amtrak on April 1, 1976, but postponed final decision on the Trustees’ claim to a “pass through.” An amended petition was later filed.…