Legal Opinion
In Re Eureka Southern Railroad Inc.
United States Bankruptcy Court, N.D. California
Decided April 21, 1987No. 19-50168PublishedCited by 4 opinions
1Opinion of the Court
ORDER ON MOTION FOR RELIEF FROM STAY
ALAN JAROSLOVSKY, Bankruptcy Judge.
BACKGROUND
The specific matter now before the court is the motion of GATX Leasing Corporation (“GATX”) for relief from the automatic stay. However, in practical effect a much wider scope of issues and problems is before the court. Not only is this merely the latest in a long series of litigated matters which began in 1983, but the debtor’s entire reorganization, and with it the future of rail service to the counties of northwest California, is at stake. Serious issues regarding the rights of lessors, secured creditors and…
2Cases cited20 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- In Re: The Woodson Company, Debtor. Fireman's Fund Insurance Companies v. William B. Grover, Trustee, and Official Unsecured Creditors' CommitteeCourt of Appeals for the Ninth Circuit · 1987
- Commonwealth State Employees' Retirement Fund v. RoaneDistrict Court, E.D. Pennsylvania · 1981
- Railway Labor Executives' Association v. Interstate Commerce Commission, Northwestern Pacific Railroad Co., Intervenor-RespondentCourt of Appeals for the Ninth Circuit · 1986
- In Re Waterkist Corporation, Debtor. City of Valdez, Alaska v. Waterkist CorporationCourt of Appeals for the Ninth Circuit · 1985
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3Cited by4 opinions
- American President Lines, Ltd. v. Lykes Bros. Steamship Co. (In Re Lykes Bros. Steamship Co.)United States Bankruptcy Court, M.D. Florida · 1996
- Rich-Taubman Associates v. Masterworks, Inc. (In Re Masterworks, Inc.)District Court, D. Connecticut · 1988
- American President Lines, Ltd. v. Lykes Bros. SteamshipDistrict Court, M.D. Florida · 1996
- In Re Chicago, Missouri & Western Railway Co.United States Bankruptcy Court, N.D. Illinois · 1988