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Legal Opinion

St. Joe Paper Co. v. Atlantic Coast Line Railroad

Supreme Court of the United States

Decided April 5, 1954No. 24PublishedCited by 68 opinions

1Opinion of the CourtJustice Frankfurter

The sole question for decision in this case is whether the Interstate Commerce Commission has the power under § 77 of the Bankruptcy Act to submit a plan of reorganization to a district court whereby a debtor railroad would be compelled to merge with another railroad having no prior connection with the debtor. Answer to this problem depends on understanding of a long legislative history. First, however, it is necessary to put the problem into its relevant context.

*300In August of 1931, the Florida East Coast Railway was thrown into equity receivership. It operated in this manner until January of…

2Cases cited9 opinions

  1. United States v. Trans-Missouri Freight Assn.Supreme Court of the United States · 1897
  2. United States v. Joint Traffic Assn.Supreme Court of the United States · 1898
  3. Van Schaick v. McCarthyCourt of Appeals for the Tenth Circuit · 1941
  4. In re Florida East Coast Ry. Co.District Court, S.D. Florida · 1949
  5. Atlantic Coast Line R. Co. v. St. Joe Paper Co.Court of Appeals for the Fifth Circuit · 1950

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3Cited by68 opinions

  1. Norfolk & Western Railway Co. v. American Train Dispatchers' Ass'nSupreme Court of the United States · 1991
  2. New Haven Inclusion CasesSupreme Court of the United States · 1970
  3. Penn-Central Merger & N & W Inclusion CasesSupreme Court of the United States · 1967
  4. Norfolk & Western Railroad v. NemitzSupreme Court of the United States · 1972
  5. In Re Penn Central Transportation CompanySpecial Court under the Regional Rail Reorganization Act · 1974

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