Legal Opinion

In Re Reading Company

District Court, E.D. Pennsylvania

Decided May 2, 1974No. Bky. 71-828PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM AND ORDER NO. 607, and DECISION REQUIRED BY THE FIRST SENTENCE OF § 207(b) OF THE REGIONAL RAIL REORGANIZATION ACT OF 1973.

DITTER, District Judge.

The Reading Company is a railroad that has been in reorganization under Section 77 of the Bankruptcy Act since November 23, 1971. It is one of several northeast railroads that are in grave financial difficulty. In order to ameliorate this situation and to provide essential rail service, Congress passed the Regional Rail Reorganization Act of 1973.

This Act requires that each district court having jurisdiction over a railroad in…

2Cases cited3 opinions

  1. Group of Institutional Investors v. Chicago, M., St. P. & P.R. Co., and 9 Other CasesSupreme Court of the United States · 1943
  2. In Re Penn Central Transportation CompanyDistrict Court, E.D. Pennsylvania · 1974
  3. In re Boston & Providence RailroadDistrict Court, D. Massachusetts · 1956

3Cited by8 opinions

  1. In the Matter of Reading Company, Debtor. United States of America, in 95-1987. In the Matter of Reading Company, Debtor. Consolidated Rail Corporation, in 95-1988Court of Appeals for the Third Circuit · 1997
  2. MATTER OF VALUATION PROCEEDINGS UNDER §§ 303 (C) & 306Special Court under the Regional Rail Reorganization Act · 1977
  3. Schweitzer v. Consolidated Rail Corp.District Court, E.D. Pennsylvania · 1986
  4. Chicago & North Western Transportation Co. v. United StatesCourt of Appeals for the Seventh Circuit · 1978
  5. Chicago And North Western Transportation Company v. United StatesCourt of Appeals for the Seventh Circuit · 1978

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