Laserfiche WebLink
r EBTON L. HARRIS (]]6]) <br />STEVEN T, NAT ERKAN (e iii) ~~ <br />RAY, QUINN EY i NEBE%ER <br />]9 South Ma In Street, Suite e00 <br />P. O. box 15785 <br />Salt Leka Clty, Utah 6415-0]65 <br />Telephone: (801) 572-1500 <br />Atterneyn for the Aeorganlzed Debtors <br />IN THE UNITED STATES OANKRUPTCY COURT <br />FOR THE DISTRICT OF UTAH <br />CENTRAL DIVISION <br />In ra: <br />CFiI Fabrlcetora o[ UtaR, <br />Inc. et el., <br />Debtors. <br />The Colorado i Yyominq <br />Rallrey Company <br />Bankruptcy No, 908-16721 <br />Jot n[ Adm In lntret3 on <br />(Chapter 11) <br />Bankruptcy No. 90H-26770 <br />YOTIOtl DATED MARCH li, if le -OR ORp EH AP PAOVIMO <br />eLTTLCMLN'1 AOALLMLNT AND ALL Get BLTCLP.M THL AEOAOANISeD <br />COLOAA0O a mY0MIY0 AAILIAT COIIPAYY AYD SRIYIDAD AAILeAT INC. <br />AND MLMOAANDDM IN 60PPORT THGLOP <br />tlOTION <br />The Reorganized Colorado i Wyoming Rallray Company (the <br />•C4M•), by and through !te counsel Rey, QUinney i Nebeke r, hereby <br />moves the Court for an order pursuant to 13 U.S.C. S 105 and Rule <br />9019 of the Federal Rules oC eenkruptcy Procedure approving e <br />Sett lament Agreement and Release entered Into rl th Trinidad Rnilvey <br />Inc. (•Trlnldad"). In suppoct of this NaU on the CiN submits Che <br />Memorandum that fol loos. <br />Juriad ictlon <br />1. This Court Rae Jurisdiction over th is molter pursuant to <br />26 U.S.C. SS 157 and 1]]a end aectlon 66 of the Confirmed Plan. <br />Ste tement o[ Facts <br />2, These Chapter 11 cease rare commenced by vo3unte ry <br />paCltlona filed on November 7, 1990, <br />]. By order entered February 12, 199] this Court coot itmed, <br />purnuent to 11 U.S.C. S 1119, the Debtors• and Railroad Trustee's <br />Flrnt Amended end Aes[a t¢d Joint Plan of Raorganizetlon Dated <br />December ], 1992 (the "COnf Lrmed Plen•). <br />~. The Ef [sell ve Dnte oC the Confirmed Plen roe March ], <br />199]. <br />5. Prior to coot lrmatlon of the Confirmed Plan the CGN <br />entered into an Aneet Purchase Agreement dated October 27, 1992 <br />(the "Asset Purchase Agreement^) rich Trln !dad Lor the Bale to <br />Trln tdad o[ carte In nasals eomprle ing a portion of CiN•e railroad <br />operation commonly ref¢rred to ee the •SOUthern Olv Sa ion". On <br />December 1, 1992, the Court entered !te order approving the Aeeet <br />Purchase Agreement. A6 a condition to cloning, the Railroad <br />Trustee agreed on December 70, 1992 to conduct certain clean up <br />actlvltlea rlth a maximum cost obllgetlOn of $15,000.00 Cor !hose <br />activtt Sea. <br />1 <br />