Matter of Ann Arbor R. Co.
District Court, E.D. Michigan
1Opinion of the Court
MEMORANDUM OPINION IN SUPPORT OF ORDER UNDER SECTION 211(h)
PHILIP PRATT, District Judge.
Pursuant to the reservation made in the order under Section 211(h), filed March 31, 1976, the Court submits the following as its reasons for that ruling.
During the course of these proceedings, this Court approved orders directing sales of an inoperable car ferry and non-railroad lands which were subject to the indenture mortgage of Manufacturers Hanover Trust (“MHT”). The orders authorizing the sales contained provisions similar to the following:
“IT IS FURTHER ORDERED that the Trustee shall deposit the net…
2Cases cited9 opinions
- Regional Rail Reorganization Act CasesSupreme Court of the United States · 1974
- Mitchell v. W. T. Grant Co.Supreme Court of the United States · 1974
- Penn-Central Merger & N & W Inclusion CasesSupreme Court of the United States · 1967
- United States v. Bankers Trust Co.Supreme Court of the United States · 1974
- In Re Penn Central Transportation CompanySpecial Court under the Regional Rail Reorganization Act · 1974
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3Cited by5 opinions
- In the Matter of Erie Lackawanna Railway Co., Debtor, Appeal of Non-Contract RetireesCourt of Appeals for the Sixth Circuit · 1977
- In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1978
- In the Matter of Erie Lackawanna Railway Company, Debtor. Appeal of Consolidated Rail Corporation, and United States Railway AssociationCourt of Appeals for the Sixth Circuit · 1977
- In re Reading Co.District Court, E.D. Pennsylvania · 1980
- United States Court of Appeals, Third CircuitCourt of Appeals for the Third Circuit · 1978