Legal Opinion
In re Penn Central Transportation Co.
Court of Appeals for the Third Circuit
Decided February 6, 1974No. Nos. 73-1260, 73-1271 to 73-1279, 73-1286, 73-1287, 73-1299, 73-1414 and 73-1415PublishedCited by 33 opinions
1Opinion of the Court
OPINION OF THE COURT
GIBBONS, Circuit Judge.
This is an appeal, pursuant to Section 77(o) of the Bankruptcy Act, 11 U.S.C. § 205(c),1 from five orders of the reor-jganization court authorizing the sale of separate properties of the debtor Penn Central Transportation Company. The orders resulted from four separate petitions by the trustees in reorganization. Each petition was prompted by the cash shortage projected by the trustees for the first quarter of 1973. The orders and the underlying petitions are summarized as follows:
Order No. 1073
In a petition dated November 20, 1972 the trustees…
2Cases cited18 opinions
- Louisville Joint Stock Land Bank v. RadfordSupreme Court of the United States · 1935
- Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.Supreme Court of the United States · 1935
- Brooks-Scanlon Co. v. Railroad Comm'n of La.Supreme Court of the United States · 1920
- New Haven Inclusion CasesSupreme Court of the United States · 1970
- Bevan v. Trustees of Penn Central Transportation Co.Supreme Court of the United States · 1974
13 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- In Re Penn Central Transportation CompanySpecial Court under the Regional Rail Reorganization Act · 1974
- In Re AsheCourt of Appeals for the Third Circuit · 1982
- Connecticut General Insurance v. United States Railway Ass'nDistrict Court, E.D. Pennsylvania · 1974
- In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1979
- MATTER OF VALUATION PROCEEDINGS UNDER §§ 303 (C) & 306Special Court under the Regional Rail Reorganization Act · 1977
28 more not listed; retrieve them via the Exa API.