Schweitzer v. Consolidated Rail Corp.
District Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM AND ORDER
DITTER, District Judge.
After years of supervision, litigation, legislation, and negotiation under Section 77 of the Bankruptcy Act and the Rail Reorganization Act, the Reading Company emerged from reorganization proceedings. It no longer operated a railroad as its rail holdings were transferred to the Consolidated Rail Corp. (Conrail) in 1976, through acts of Congress. Its assets consisted principally of real estate holdings and a substantial claim against the government for the railroad properties conveyed to Conrail. Its liabilities were completely restructured, and…
2Cases cited24 opinions
- Regional Rail Reorganization Act CasesSupreme Court of the United States · 1974
- Urie v. ThompsonSupreme Court of the United States · 1949
- Ray v. Alad Corp.California Supreme Court · 1977
- York v. First Presbyterian ChurchSupreme Court of the United States · 1985
- Ramirez v. Amsted Industries, Inc.Supreme Court of New Jersey · 1981
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- Catasauqua Area School District v. Raymark Industries, Inc.District Court, E.D. Pennsylvania · 1987
- Penn Cent. Corp. v. United StatesSpecial Court under the Regional Rail Reorganization Act · 1994
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