Court of Appeals for the Third Circuit December 28, 1976, Nos. 76-1083, 76-1122 (In re Penn Central Transportation Co.)

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United States · · · 28-12-1976

OPINION OF THE COURT

Before ADAMS and WEIS, Circuit Judges, and GERRY, District Judge.*

ADAMS, Circuit Judge.

The basic conflict in these appeals is between two financially troubled entities: the trustees of the Penn Central Transportation Company1 and the City of New York. Specifically, we are called upon to review Order No.

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