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MATTER OF PENN CENT. TRANSP. CO.

No. 94-2154.

71 F.3d 1113 (1995)

In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, USX Corporation and Bessemer and Lake Erie Railroad Company, Appellants.

United States Court of Appeals, Third Circuit.

Decided December 12, 1995.

Attorney(s) appearing for the Case

Timothy W. Bergin, Squire, Sanders & Dempsey, Washington, DC, Thomas S. Kilbane, Squire, Sanders & Dempsey, Cleveland, OH, William J. Taylor, Taylor & Taylor, Philadelphia, PA, David A. Lynch, Senior General Attorney, USX Corporation, Pittsburgh, PA, for Appellants.

Matthew J. Siembieda, (argued), Carl M. Buchholz, Blank, Rome, Comisky & McCauley, Philadelphia, PA, Kenneth N. Hart, James J. Capra, Donovan, Leisure, Newton & Irvine, New York City, Arlin M. Adams, Schnader, Harrison, Segal & Lewis, Philadelphia, PA, Robert W. Olson, Michael L. Cioffi, American Premier Underwriters, Inc., Cincinnati, OH, for Appellee.

Before: BECKER, NYGAARD and ALITO, Circuit Judges.

OPINION OF THE COURT

NYGAARD, Circuit Judge.

Appellants, USX Corporation and the Bessemer and Lake Erie Railroad Company, sued the reorganized Penn Central Transportation Company (now known as American Premier Underwriters, Inc.) for contribution and indemnity based on Penn Central's participation with them in an antitrust conspiracy. Although appellants were held liable for nearly $600 million in damages from that...

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