Derailed by Bankruptcy

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Publisher : Indiana University Press
ISBN 13 : 0253018714
Total Pages : 158 pages
Book Rating : 4.2/5 (53 download)

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Book Synopsis Derailed by Bankruptcy by : Howard H. Lewis

Download or read book Derailed by Bankruptcy written by Howard H. Lewis and published by Indiana University Press. This book was released on 2016-01-04 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: The behind-the-scenes story of the five-year legal battle over a railroad bankruptcy and the formation of Conrail, as told by a lawyer on the case. What happened when the US government stopped investing in railroads and started investing in highways and air travel? By the late 1970s, six major eastern railroads had declared bankruptcy. Although he didn’t like trains, Howard H. Lewis became the primary lawyer for the Reading Railroad during its legendary bankruptcy case. Here, Lewis provides a frank account of the high-intensity litigation and courtroom battles over the US government’s proposal to form Conrail out of the six bankrupt railroads, which meant taking the Reading’s property, leaving the railroad to prove its worth. After five grueling years, the case was ultimately settled for $186 million—three times the original offer from the US government—and Lewis became known as a champion defender of both the railroad industry and its assets. “Should be required reading in every law school, especially for students who aspire to become corporate attorneys . . . valuable insights into the creation of Conrail.” —Rush Loving, Jr., author of The Men Who Loved Trains “For the railfan, you’ll receive an insider view of this historically important period and a better understanding of how and why Conrail came into being and what it meant for rail transportation.” —Model Railroad News

Railroad Bankruptcies

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Author :
Publisher :
ISBN 13 :
Total Pages : 78 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Railroad Bankruptcies by : United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation

Download or read book Railroad Bankruptcies written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and published by . This book was released on 1978 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Railroad Bankruptcies

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Author :
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.0/5 (17 download)

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Book Synopsis Railroad Bankruptcies by : United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation

Download or read book Railroad Bankruptcies written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and published by . This book was released on 1978 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Railroad Bankruptcies and Mergers from Chicago West: 1975-2001

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Author :
Publisher : JAI Press
ISBN 13 : 9780762310791
Total Pages : 0 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Railroad Bankruptcies and Mergers from Chicago West: 1975-2001 by : Michael Conant

Download or read book Railroad Bankruptcies and Mergers from Chicago West: 1975-2001 written by Michael Conant and published by JAI Press. This book was released on 2004-02-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two major U.S. Midwestern railroads, the Rock Island Lines and the Milwauke Road, filed for bankruptcy after 1975 and the Court ordered them dismembered. This study explains the economic factors causing financial failure such as total rail line excess capacity in the region leading to low density of freight traffic; in addition, labor union rules required unnecessary large train crews. The regulations of the Interstate Commerce Commission aggravated the economic problems by limiting rail line abandonments and mergers designed to improve efficiency. Congress passed the Staggers Act in 1980 to correct a large part of the regulatory limitations to efficient reorganization of the U.S. rail system, but it was too late to save the Rock Island and the Milwaukee Road. The later chapters are economic analyses of the more recent mergers of the large railroads from the Mississippi River to the Pacific Coast. A key saving resulted from the court ruling that segments of rail line could be sold to new short-line railroads without the selling carrier having to pay special compensation to rail workers who were discharged. The Illinois Central Railroad was a prime example of a carrier that sold almost all of its branch lines. Great efficiencies in operations were realized as the Union Pacific acquired the Missouri Pacific and the Southern Pacific. Comparable efficiencies were realized by the Burlington Northern acquisitions of the St. Louis-San Francisco and the Atchison, Topeka & Santa Fe.

Milwaukee Railroad Bankruptcy

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Publisher :
ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Milwaukee Railroad Bankruptcy by : United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Transportation and Commerce

Download or read book Milwaukee Railroad Bankruptcy written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Transportation and Commerce and published by . This book was released on 1978 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reorganization of Railroads Under the Bankruptcy Act

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Reorganization of Railroads Under the Bankruptcy Act by : United States. Congress. House. Committee on the Judiciary

Download or read book Reorganization of Railroads Under the Bankruptcy Act written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 1935 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Voluntary Adjustment of Railroad Obligations

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Author :
Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Voluntary Adjustment of Railroad Obligations by : United States. Congress. House. Committee on the Judiciary

Download or read book Voluntary Adjustment of Railroad Obligations written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 1939 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Predicting Railroad Bankruptcies in America

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (88 download)

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Book Synopsis Predicting Railroad Bankruptcies in America by : Edward I. Altman

Download or read book Predicting Railroad Bankruptcies in America written by Edward I. Altman and published by . This book was released on with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Railroad Reorganization

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Publisher :
ISBN 13 :
Total Pages : 294 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Railroad Reorganization by : United States. Congress. House. Committee on the Judiciary

Download or read book Railroad Reorganization written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 1939 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Railroad Reorganization

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Author :
Publisher :
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Railroad Reorganization by : United States. Congress. House. Committee on the Judiciary

Download or read book Railroad Reorganization written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 1938 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Voluntary Adjustment of Railroad Obligations

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Author :
Publisher :
ISBN 13 :
Total Pages : 1308 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Voluntary Adjustment of Railroad Obligations by : United States. Congress. House. Committee on the Judiciary

Download or read book Voluntary Adjustment of Railroad Obligations written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 1942 with total page 1308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Committee Serial No. 15.

Railroad Reorganization

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Author :
Publisher :
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Railroad Reorganization by : United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization

Download or read book Railroad Reorganization written by United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization and published by . This book was released on 1947 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Committee Serial No. 6. Considers legislation to enable debtor railroad corporations to reorganize their financial structure without any or further procedures under the Bankruptcy Act.

Railroad Reorganization

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Author :
Publisher :
ISBN 13 :
Total Pages : 378 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Railroad Reorganization by : United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization

Download or read book Railroad Reorganization written by United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization and published by . This book was released on 1943 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Committee Serial No. 9.

Voluntary Adjustment of Railroad Obligations

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Author :
Publisher :
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Voluntary Adjustment of Railroad Obligations by : United States. Congress. House. Committee on the Judiciary

Download or read book Voluntary Adjustment of Railroad Obligations written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 1942 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Voluntary Adjustment of Railroad Obligations

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Author :
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Voluntary Adjustment of Railroad Obligations by : United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization

Download or read book Voluntary Adjustment of Railroad Obligations written by United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization and published by . This book was released on 1942 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Committee Serial No. 15.

Railroad Reorganization

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Author :
Publisher :
ISBN 13 :
Total Pages : 1348 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Railroad Reorganization by : United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization

Download or read book Railroad Reorganization written by United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization and published by . This book was released on 1939 with total page 1348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Committee Serial No. 11.

Voluntary Adjustment of Railroad Obligations

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Author :
Publisher :
ISBN 13 :
Total Pages : 1378 pages
Book Rating : 4.0/5 (17 download)

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Book Synopsis Voluntary Adjustment of Railroad Obligations by : United States. Congress. House. Committee on the Judiciary. Subcommittee on Bankruptcy and Reorganization

Download or read book Voluntary Adjustment of Railroad Obligations written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Bankruptcy and Reorganization and published by . This book was released on 1939 with total page 1378 pages. Available in PDF, EPUB and Kindle. Book excerpt: