BONDHOLDERS PROTECTIVE COMMITTEE v. I. C. C.

No. 18356.

432 F.2d 268 (1970)

BONDHOLDERS PROTECTIVE COMMITTEE (of the 3¼ General Mortgage Bonds of the Central Railroad Company), Appellant v. INTERSTATE COMMERCE COMMISSION.

United States Court of Appeals, Third Circuit.

Decided September 29, 1970.


Attorney(s) appearing for the Case

Allan L. Tumarkin, Newark, N. J., for appellant.

Jerome E. Sharfman, Atty., I.C.C., Washington, D. C., (Robert W. Ginnane, Gen. Counsel, I.C.C., on the brief) for appellee.

Before BIGGS, STALEY and ADAMS, Circuit Judges.


OPINION OF THE COURT

BIGGS, Circuit Judge.

This appeal presents a novel issue of statutory construction involving our parallel consideration of Section 77 of the Bankruptcy Act, 11 U.S.C. § 205, and the Urgent Deficiencies Act, 28 U.S.C. §§ 2321-2325. The specific problem before us concerns the proper forum for judicial review of an Interstate Commerce Commission order under Section 77(p) of the Bankruptcy Act granting to one party and denying...

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