Derailed by bankruptcy : life after the Reading Railroad /

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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Bibliographic Details
Main Author: Lewis, Howard H. (Author)
Format: Electronic eBook
Language:English
Published: Bloomington : Indiana University Press, [2016]
Series:Railroads past and present.
Subjects:
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MARC

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245 1 0 |a Derailed by bankruptcy :  |b life after the Reading Railroad /  |c Howard H. Lewis ; foreword by John C. Spychalski. 
264 1 |a Bloomington :  |b Indiana University Press,  |c [2016] 
264 4 |c ©2016 
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490 1 |a Railroads past and present 
505 0 |a The age of innocence -- The gathering storm -- A time of waiting -- The beginning -- The plot thickens -- Fear and exhaustion -- Detailed case preparation -- The times that try men's souls -- The rail use case: ours and the government's -- The government's case -- End game. 
520 |a 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. 
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