Legal Opinion
In re Lehigh Valley Railroad
Court of Appeals for the Third Circuit
Decided June 3, 1977No. 76-2020PublishedCited by 1 opinion
1Opinion of the Court
OPINION OF THE COURT
FORMAN, Circuit Judge.
This is an appeal, taken pursuant to the Bankruptcy Act, 11 U.S.C. § 47, from Order No. 362 of the United States District Court for the Eastern District of Pennsylvania, entered in the Lehigh Valley Railroad reorganization proceedings. Order No. 362 denies the petition of Citibank, N.A., as Indenture Trustee of a certain mortgage bond issue on which Lehigh Valley is the obligor, for the sequestration of rent derived from the mortgaged property.1
I
On July 24, 1970, the Lehigh Valley Railroad Company commenced proceedings in reorganization under Section…
2Cases cited24 opinions
- Regional Rail Reorganization Act CasesSupreme Court of the United States · 1974
- Ecker v. Western Pacific R. Corp.Supreme Court of the United States · 1943
- New Haven Inclusion CasesSupreme Court of the United States · 1970
- Callaway v. BentonSupreme Court of the United States · 1949
- In Re Penn Central Transportation CompanySpecial Court under the Regional Rail Reorganization Act · 1974
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3Cited by1 opinion
- In the Matter of Lehigh Valley Railroad Company, Debtor. Appeal of Citibank, N. A. (Formerly Known as First National City Bank), as Indenture Trustee of the Lehigh Valley Harbor Terminal Railway Company Mortgage Indenture, Dated February 1, 1924, as SupplementedCourt of Appeals for the First Circuit · 1977