Nussbaum Trucking, Inc. v. Illinois Commerce Commission

The Illinois Commerce Commission (hereinafter ICC) conducted hearings on the petition of C. P. Brown and I. C. Hemmings (hereinafter applicants) to acquire control of Chicago Express Co., Inc. (hereinafter the carrier) by purchase of its outstanding capital stock. Approval of such an acquisition by the ICC is governed by the provisions of section 18 — 309 of the Illinois Motor Carrier of Property Law (Ill. Rev. Stat. 1979, ch. 95/2, par. 18 — 100 et seq.). A number of carriers were permitted to intervene in the proceedings for the purpose of objecting to the acquisition. Following the offer…