In re Reading Co.
District Court, E.D. Pennsylvania
1Opinion of the Court
OPINION AND ORDER NO. 414
DITTER, District Judge.
The Reading Company, a bankrupt railroad, has consistently lost money on commuter operations since 1945. By the petition now before the Court, the railroad’s trustees have submitted for approval the broad outlines of a plan by which a public authority would assume responsibility for the passenger services and the railroad would turn over to the authority certain valuable properties.
The principal features of the arrangement negotiated between the Trustees and Southeastern Pennsylvania Transportation Authority (SEPTA)1 are set *1353forth in a…
2Cases cited7 opinions
- Palmer v. MassachusettsSupreme Court of the United States · 1939
- New Haven Inclusion CasesSupreme Court of the United States · 1970
- In the Matter of the Central Railroad Company of New Jersey, Debtor. Appeal of State of New JerseyCourt of Appeals for the Third Circuit · 1974
- Commonwealth of Massachusetts v. Charles W. Bartlett, TrusteeCourt of Appeals for the First Circuit · 1967
- Lisman v. Fonda, J. & G. R. Co.Court of Appeals for the Second Circuit · 1938
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3Cited by2 opinions
- In re the Morristown & Erie RailroadCourt of Appeals for the Third Circuit · 1982
- In the Matter of the Morristown & Erie Railroad Company, Debtor. Appeal of Mandelbaum & Mandelbaum, Proponents of a Plan of Reorganization and a Party in InterestCourt of Appeals for the Third Circuit · 1982