Legal Opinion
American Premier Underwriters, Inc. v. National Railroad Passenger Corp.
Court of Appeals for the Sixth Circuit
Decided October 5, 2016No. 15-3703PublishedCited by 44 opinions
1Opinion of the Court
OPINION.RONALD LEE GILMAN, Circuit Judge.
American -Premier Underwriters, Inc. (APU) holds shares of stock in National Railroad Passenger Corporation (Amtrak) pursuant to the Rail Passenger Service Act of 1970 (RSPA), Pub. L. No. 91-518, 84 Stat. 1327. Under § 415(b) of the Amtrak Reform and Accountability Act of 1997 (ARAA), 49 U.S.C. § 24304 note, Amtrak was required to redeem all of its stock held by APU at fair market value by October 1,2002.
On May 19, 2008, APU filed a complaint against Amtrak, asserting seven claims based on Amtrak’s failure to redeem the stock. (American Financial…
2Cases cited17 opinions
- Board of Regents of State Colleges v. RothSupreme Court of the United States · 1972
- Wallace v. KatoSupreme Court of the United States · 2007
- Myrna O'Dell Firestone v. Leonard K. FirestoneCourt of Appeals for the D.C. Circuit · 1996
- Bay Area Laundry & Dry Cleaning Pension Trust Fund v. Ferbar Corp. of California, Inc.Supreme Court of the United States · 1997
- Freddie Sevier v. Kenneth TurnerCourt of Appeals for the Sixth Circuit · 1984
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3Cited by44 opinions
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- 4th Leaf, LLC v. City of GraysonDistrict Court, E.D. Kentucky · 2019
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