In re Penn Central Transportation Co.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
ADAMS, Circuit Judge.
An order of the district court permitting the Trustees of the Penn Central *325Transportation Company (Trustees) to sell four New York office buildings, located in the area adjacent to Grand Central Terminal, is the basis of this appeal. The district court’s decree1 2was the most recent step in a protracted attempt by the Trustees to dispose of the highly valuable holdings of The Penn Central Transportation Company (Penn Central) in office buildings situated along both sides of Park Avenue from Forty-Second Street beyond Fiftieth Street in midtown…
2Cases cited14 opinions
- Panama Refining Co. v. RyanSupreme Court of the United States · 1935
- Palmer v. MassachusettsSupreme Court of the United States · 1939
- New Haven Inclusion CasesSupreme Court of the United States · 1970
- Penn-Central Merger & N & W Inclusion CasesSupreme Court of the United States · 1967
- Interstate Commerce Commission v. New York, New Haven & Hartford RailroadSupreme Court of the United States · 1932
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3Cited by21 opinions
- In Re Penn Central Transportation Co.District Court, E.D. Pennsylvania · 1978
- In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1979
- In the Matter of the Central Railroad Company of New Jersey, Debtor. Appeal of State of New JerseyCourt of Appeals for the Third Circuit · 1974
- In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1974
- In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1979
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