Legal Opinion
In re Penn Central Transportation Co.
Court of Appeals for the Third Circuit
Decided March 14, 1977No. Nos. 76-1733 to 76-1735, 76-1815, 76-1817, 76-1862 and 76-2025 to 76-2028PublishedCited by 37 opinions
1Opinion of the Court
OPINION OF THE COURT
ALDISERT, Circuit Judge.
The Committee of Interline Railroads and the Interstate Commerce Commission, among others, have appealed under § 24 of the Bankruptcy Act, 11 U.S.C. § 47, from reorganization court orders1 which allow the Consolidated Rail Corporation, as agent for the debtor railroads in reorganization, to defer payment of pre-conveyance per diem obligations owed by the debtors to other interline railroads. The essence of appellants’ argument is that the Commission’s Car-Hire Rules, 160 I.C.C. 369, 165 I.C.C. 495 (1930), require prompt payment of all pre-conveyance…
2Cases cited3 opinions
- New Haven Inclusion CasesSupreme Court of the United States · 1970
- In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1973
- In The Matter Of Chicago, Rock Island And Pacific Railroad Company, DebtorCourt of Appeals for the Seventh Circuit · 1976
3Cited by37 opinions
- State v. GuthrieWest Virginia Supreme Court · 1995
- United States v. Wiley Hill, Jr.Court of Appeals for the Seventh Circuit · 1995
- Boston and Maine Corporation v. Chicago Pacific CorporationCourt of Appeals for the Seventh Circuit · 1986
- Alan McSurely and Margaret McSurely v. John J. McClellanCourt of Appeals for the D.C. Circuit · 1976
- United States v. Montel Lavelle HumphreyCourt of Appeals for the Sixth Circuit · 2002
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