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COURT OF APPEALS TO HEAR ORAL ARGUMENTS ON DISMISSAL OF SUIT CHALLENGING NORTHWEST AIRLINES FINANCING PACKAGE

COURT OF APPEALS TO HEAR ORAL ARGUMENTS ON DISMISSAL OF SUIT CHALLENGING
 NORTHWEST AIRLINES FINANCING PACKAGE
 ST. PAUL, Minn., May 4 /PRNewswire/ -- The Minnesota Court of Appeals will hear oral arguments on Wednesday, May 6 at 10 a.m., in an appeal from the dismissal of a suit challenging the Northwest Airlines financing package. The arguments will be held in Courtroom 100 of the Minnesota Judicial Center, 25 Constitution Avenue, St. Paul, Minn., 55155.
 Earl and Carolyn Pike brought suit in Ramsey County, challenging the constitutionality of a 1991 statute authorizing the issuance of bonds to finance new aircraft maintenance and repair facilities in Duluth and Hibbing, Minn. In addition, the Pikes argue that statutory requirements concerning adequate security and future revenues were not met. The trial court ordered the Pikes to post a $30 million bond to guarantee payment of the damages to be caused by delaying the issuance of bonds until their suit was decided. When the Pikes failed to post the bond, their suit was dismissed.
 Arguments before the Court of Appeals will focus on the propriety of requiring the Pikes to post a bond as a condition of continuing their suit. Briefs have been filed by the Pikes, by Northwest Airlines, and by the Commissioners of Finance, Trade and Economic Development, and Revenue with the Metropolitan Airports Commission.
 Oral arguments will be open to the public and the court's final decision will be a matter of public record. Journalists planning to attend the hearing with still or broadcast cameras must seek permission 24 hours in advance of the hearing by calling Chief Judge D.D. Wozniak. Attorneys for the case:
 -- David R. Knodell, attorney for appellants - Earl A. Pike, et al., 612-349-5202.
 -- Mark B. Levinger, attorney for respondents - John Gunyou, et al., 612-297-1139.
 -- Donald W. Selzer, Jr., attorney for respondent - Metropolitan Airports Commission, 612-223-2500.
 -- Thomas W. Tinkham, attorney for respondent - Northwest Airlines, 612-340-2600.
 -0- 5/4/92
 /CONTACT: Chief Judge D.D. Wozniak of the Minnesota Court of Appeals, 612-297-1001/ CO: Minnesota Court of Appeals ST: Minnesota IN: SU:


AL -- MN013 -- 6226 05/04/92 17:00 EDT
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Publication:PR Newswire
Date:May 4, 1992
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