Legal Opinion
Trustees of Property of Penn Central Transportation Co. v. Consolidated Rail Corp.
Special Court under the Regional Rail Reorganization Act
Decided May 14, 1976No. Civ. A. No. 76-2PublishedCited by 3 opinions
1Opinion of the Court
FRIENDLY, Presiding Judge:
On April 19, 1976, we heard argument on a motion by the Penn Central Trustees (the Trustees) for an order directing ConRail to *1056deposit with an appropriate escrow agent all proceeds which it received from the National Railroad Passenger Corporation (Amtrak) and, in case such proceeds were received in the form of credits or offsets against amounts payable by ConRail to Amtrak, amounts equivalent to such credits or offsets, in connection with ConRail’s sale to Amtrak, pursuant to §§ 206(c)(1)(C) and 601(d) of the Rail Act, of the properties described as the Northeast…
2Cases cited8 opinions
- Berman v. ParkerSupreme Court of the United States · 1954
- Virginia Petroleum Jobbers Ass'n v. Federal Power CommissionCourt of Appeals for the D.C. Circuit · 1958
- Deckert v. Independence Shares Corp.Supreme Court of the United States · 1940
- Sweet v. RechelSupreme Court of the United States · 1895
- In Re Penn Central Transportation CompanySpecial Court under the Regional Rail Reorganization Act · 1974
3 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Consolidated Rail Corp. v. State of Ill.Special Court under the Regional Rail Reorganization Act · 1976
- United Transportation Union v. Southeastern Pennsylvania Transportation AuthoritySpecial Court under the Regional Rail Reorganization Act · 1983
- Trustees of the Property of Penn Central Transportation Co. v. Consolidated Rail Corp.Special Court under the Regional Rail Reorganization Act · 1978