Legal Opinion

Bondholders Protective Committee (Of the 3 1/4 General Mortgage Bonds of the Central Railroad Company) v. Interstate Commerce Commission

Court of Appeals for the Third Circuit

Decided September 29, 1970No. 18356PublishedCited by 2 opinions

1Opinion of the Court

OPINION OF THE COURT

BIGGS, Circuit Judge.

This appeal presents a novel issue of statutory construction involving our parallel consideration of Section 77 of the Bankruptcy Act, 11 U.S.C. § 205, and the Urgent Deficiencies Act, 28 U.S.C. §§ 2321-2325. The specific problem before us concerns the proper forum for judicial review of an Interstate Commerce Commission order under Section 77(p) of the Bankruptcy Act granting to one party and denying to another leave to solicit authorizations to represent and act for a class of creditors in a railroad reorganization.

I

On or about March 22, 1967, the…

2Cases cited11 opinions

Caminetti v. United StatesSupreme Court of the United States · 1917
United States v. Interstate Commerce CommissionSupreme Court of the United States · 1949
Hamilton v. RathboneSupreme Court of the United States · 1899
New Haven Inclusion CasesSupreme Court of the United States · 1970
United States v. GriffinSupreme Court of the United States · 1938

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3Cited by2 opinions

Raul International Corp. v. Sealed Power Corp.District Court, D. New Jersey · 1984
In the Matter of the Central Railroad Company of New Jersey, Debtor. Appeal of Commonwealth of Pennsylvania and Pennsylvania Public Utility CommissionCourt of Appeals for the Third Circuit · 1973