In Re Penn Central Securities Litigation
District Court, E.D. Pennsylvania
1Opinion of the Court
OPINION
JOSEPH S. LORD, III, Chief Judge.
The bankruptcy of the Penn Central Transportation Company has provided no dearth of business for the courts. As a result, the financial morass into which the various Penn Central companies fell has kept occupied a significant number of lawyers. Those lawyers who have prosecuted the Penn Central Securities Litigation to settlement have now petitioned for the award of counsel fees.
I. Background
Fortunately it is unnecessary for the purposes of this opinion to discuss in any detail the history of this case, most of which may be gleaned from a number of…
2Cases cited42 opinions
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
- Sprague v. Ticonic National BankSupreme Court of the United States · 1939
- Trustees v. GreenoughSupreme Court of the United States · 1882
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3Cited by16 opinions
- Dura-Bilt Corp. v. Chase Manhattan Corp.District Court, S.D. New York · 1981
- In Re Equity Funding Corp. of America Securities LitigationDistrict Court, C.D. California · 1977
- Thayer v. WELLS FARGO BANK, NACalifornia Court of Appeal · 2001
- Fiorito v. JonesIllinois Supreme Court · 1978
- In re Fine Paper Antitrust LitigationDistrict Court, E.D. Pennsylvania · 1983
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