Derailed by bankruptcy : life after the Reading Railroad /

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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Lewis, Howard H. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Bloomington : Indiana University Press, [2016]
Colección:Railroads past and present.
Temas:
Reading Company.
Reading Company
Railroads > United States > Finance.
Railroads > United States > Management.
Bankruptcy > United States.
Railroads and state > United States.
TRANSPORTATION > Railroads > Pictorial.
BUSINESS & ECONOMICS > Urban & Regional.
Bankruptcy
Railroads and state
Railroads > Finance
Railroads > Management
United States
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource.
ISBN:9780253018717
0253018714

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