Legal Opinion
Penn Central Corp. v. Chicago Union Station Co.
Special Court under the Regional Rail Reorganization Act
Decided July 23, 1993No. General Panel Civ. A. No. 89-02Published
1Opinion of the Court
WISDOM, Presiding Judge:
The Penn Central Corporation (“Penn Central”) brings this suit against the National Railroad Passenger Corporation d/b/a Amtrak (“Amtrak”) and its wholly owned subsidiary, the Chicago Union Station Company (“CUSCO”), to recover monetary advances it made to CUSCO before passage of the Regional Rail Reorganization Act of 1973 (“Rail Act”) and adoption of the Final System Plan (“FSP”). Penn Central advanced approximately 17.5 million dollars to CUSCO over a period of sixty-three years ending in 1976. In accordance with the FSP and the resulting conveyance documents, Penn…
2Cases cited11 opinions
- HPI Health Care Services, Inc. v. Mt. Vernon Hospital, Inc.Illinois Supreme Court · 1989
- Provident Life & Accident Insurance Company v. Mary J. Waller, Provident Life & Accident Insurance Company v. Mary J. WallerCourt of Appeals for the Fourth Circuit · 1990
- Board of Highway Commissioners v. City of BloomingtonIllinois Supreme Court · 1911
- Matarese v. Moore-McCormack Lines, Inc.Court of Appeals for the Second Circuit · 1946
- Evelyn Indyk and Leo Indyk, Plaintiffs-Appellees-Appellants v. Habib Bank Limited, Defendant-Appellant-AppelleeCourt of Appeals for the Second Circuit · 1982
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