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In the Matter of Chicago, Rock Island and Pacific Railroad Company, Debtor. Appeal of Henry Crown, Intervenors

Court of Appeals for the Seventh Circuit

Decided December 2, 1976No. 76-1149 to 76-1151PublishedCited by 12 opinions

1Opinion of the Court

SWYGERT, Circuit Judge.

This is an appeal from an order of the district court sitting in a railroad reorganization proceeding under Section 77 of the Bankruptcy Act, granting two petitions presented by the Trustee of the Debtor. The issue presented is whether the district court may, consistent with the Fifth Amendment and Section 77 of the Act, authorize the Trustee of a railroad in reorganization, pending submission of a plan, to incur long-term debt and lease obligations without making a determination that reorganization is likely within a reasonable time and without a showing of compelling…

2Cases cited9 opinions

  1. Roe v. WadeSupreme Court of the United States · 1973
  2. Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.Supreme Court of the United States · 1935
  3. In Re Bermec Corporation, Debtor, Pacar Financial Corp.Court of Appeals for the Second Circuit · 1971
  4. In Re Third Ave. Transit Corp. Melniker v. LehmanCourt of Appeals for the Second Circuit · 1952
  5. In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1974

4 more not listed; retrieve them via the Exa API.

3Cited by12 opinions

  1. Empire Enterprises, Inc. v. Koopmans (In Re Koopmans)United States Bankruptcy Court, D. Utah · 1982
  2. In the Matter of Chicago, Milwaukee, St. Paul & Pacific Railroad Company, Debtor. Consolidated Appeals of Railway Labor Executives' Association, Intervenor. State of Wisconsin Department of Transportation, State of South Dakota, Port of Pend Oreille, Pend Oreille Valley Railroad Company, Inc., and Seattle and North Coast Railroad Company, InterveningCourt of Appeals for the Seventh Circuit · 1981
  3. In re Chicago, MilwauKee, St. Paul & Pacific RailroadCourt of Appeals for the Seventh Circuit · 1979
  4. The Valley National Bank of Arizona v. Trustee for Westgate-California Corporation, Roy B. Woolsey v. Trustee for Westgate-California Corporation, C. Neil & Elaine T. Ash v. Trustee for Westgate-California CorporationCourt of Appeals for the Ninth Circuit · 1979
  5. In re Chicago, Milwaukee, St. Paul & Pacific RailroadCourt of Appeals for the Seventh Circuit · 1981

7 more not listed; retrieve them via the Exa API.

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