Legal Opinion

In the Matter of CHICAGO, ROCK ISLAND AND PACIFIC RAILROAD COMPANY, Debtor. Appeal of FARMERS COOPERATIVE ELEVATOR, RAKE, IOWA

Court of Appeals for the Seventh Circuit

Decided January 14, 1985No. 83-1848PublishedCited by 10 opinions

1Opinion of the Court

CUDAHY, Circuit Judge.

The lessee of real property formerly owned by a railroad in liquidation appeals from the refusal of a reorganization court, sitting in equity, to alter the rent demanded by the railroad’s trustee. We reverse and remand.

For more than 100 years appellants, Farmers Cooperative Elevator (“Farmers”), leased property in Rake, Iowa, that was owned by the Chicago, Rock Island and Pacific Railroad Company (the “Rock Island”). With the approval of the Rock Island, Farmers built a grain elevator on the property and shipped grain by way of the railroad line. The cost to Farmers to…

2Cases cited24 opinions

  1. New Haven Inclusion CasesSupreme Court of the United States · 1970
  2. United States v. Bankers Trust Co.Supreme Court of the United States · 1974
  3. In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1974
  4. Fenlon v. JaffeeCourt of Appeals of Texas · 1977
  5. In Re William J. Schnabel and Alice M. Schnabel, Bankrupts. Appeal of Mitchell D. Serrano and Martha L. SerranoCourt of Appeals for the Seventh Circuit · 1980

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3Cited by10 opinions

  1. In re TCI Ltd.Court of Appeals for the Seventh Circuit · 1985
  2. In the Matter of Chicago, Rock Island and Pacific Railroad Company, Debtor. Appeal of Sanborn Cooperative Grain Company, Chicago Pacific CorporationCourt of Appeals for the Seventh Circuit · 1986
  3. Banner v. United StatesCourt of Appeals for the Federal Circuit · 2001
  4. In the Matter of Chicago, Rock Island and Pacific Railroad Company, Debtor. Appeal of Sanborn Cooperative Grain Co., Sanborn, IowaCourt of Appeals for the Seventh Circuit · 1985
  5. CMC Real Estate Corp. v. Iowa Department of Transportation, Rail & Water DivisionSupreme Court of Iowa · 1991

5 more not listed; retrieve them via the Exa API.

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