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1993-09-01_GENERAL DOCUMENTS - C1981017
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1993-09-01_GENERAL DOCUMENTS - C1981017
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Last modified
1/29/2021 11:54:26 AM
Creation date
4/30/2012 9:22:49 AM
Metadata
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Template:
DRMS Permit Index
Permit No
C1981017
IBM Index Class Name
GENERAL DOCUMENTS
Doc Date
9/1/1993
Doc Name
Standard Life Insurance Company
From
Mid-Continent Minerals Corporation
To
Pitkin Iron Corporation
Permit Index Doc Type
General Correspondence
Media Type
D
Archive
No
Tags
DRMS Re-OCR
Description:
Signifies Re-OCR Process Performed
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property maintenance, as well as other required efforts toward <br /> orderly liquidation of the estate assets. <br /> 3. The Disclosure Statement sent to all Creditors <br /> contained the following regarding Pitkin: <br /> "(Page 4) Pitkin Iron has provided support services for <br /> the Debtor, including operating a limestone quarry, a <br /> rockdust plant, and an aggregate plant for packwall, and <br /> also provided services for the coal haul contract <br /> carrier, the truck services building, the truck wash <br /> building . . . . (B)ecause the Debtor is unable to obtain <br /> workers' compensation coverage, Pitkin Iron provides <br /> payroll services for personnel under the Debtor's <br /> direction, and leases certain pieces of equipment to the <br /> Debtor to assist in the Debtor's Mine reclamation <br /> program. " <br /> "(Page 25) (The provision of the Plan subordinating <br /> Pitkin's pre-petition claims) does not affect any claims <br /> of Pitkin Iron arising from services performed after the <br /> filing of the Debtor's bankruptcy petition . . . . Such <br /> claims are treated as administrative claims under the <br /> Plan and are paid in full, subject to allowance by the <br /> Court. Pitkin Iron's claim for unpaid services was <br /> $205,775 on December 31, 1993. " <br /> DATED the 7th day of July, 1994. <br /> PITKIN IRON CORPORATION <br /> By <br /> Vice President & <br /> General Counsel <br /> P. 0. Drawer 790 <br /> Glenwood Springs, CO .81601 <br /> (303) 945-6546 <br /> 2 <br />
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