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Derailed by Bankruptcy: Life After the Reading Railroad

Derailed by Bankruptcy: Life After the Reading Railroad

Lewis, Howard H.

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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 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.

Accessories:
No Accessory
Publisher
INDIANA UNIV PR
Bisac Major Subject
Transportation
Bisac Minor Subject
Railroads - History
Binding Type
Hardcover
Country Of Origin
US
Number Of Units
1
Length
8.9 Inches
Barcode Indicator
EAN
Width
6.0 Inches
Publication Date
1970-01-01
Height
0.8 Inches
ISBN 10
0253018668
Weight
0.8 Pounds
Book EAN
9780253018663
Target Audiance
Adults

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