1. Home
  2. Browse Decisions
  3. F.3d
  4. 80 F.3d
  5. 80 F.3d 1377 (1996)
 

ADAMS v. BURLINGTON NORTHERN R. CO.

Nos. 94-35461, 94-35618.

80 F.3d 1377 (1996)

Guy ADAMS, Bonnie L. Adams, Timothy Adams, Clifton Albright, Janet Allot, et al., Marvin Klein, Mary Lou Miller, Dwight W. Williams, Jo Ann Peterson, Ignacia Fuentes, Russel Peterson, Janet Peterson, Central Life Assurance Co., Plaintiffs-Appellants, v. BURLINGTON NORTHERN RAILROAD COMPANY, a Delaware Corporation, Burlington Northern, Inc., a Delaware Corporation, Defendants-Appellees. Guy D. ADAMS, Herb Bailey, Barnts Medical Specialties, Benefit Trust Life Insurance Co., Tom Bradley, Donald L. Brookhart, Central Life Assurance Co., Russell L. Clark, DMN, Inc., Ray Eiford, Sherman A. Hill, Bryce A. James, Frank C. Jones, Alan Russell Kahn, Robert M. Keenholts, Manhattan Life Insurance Company, Standard Insurance Company, Ellis R. Stanley, Trustmark Life Insurance Company, Union Central Life Insurance Co., Irene E. Walters, Woodmen of the World Life Insurance Society, John H. Zybura, for their own behalf and on behalf of and as Class representatives of all other persons similarly situated, Plaintiffs-Appellants, v. CSX TRANSPORTATION, a Virginia corporation, Defendant-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided April 10, 1996.

Attorney(s) appearing for the Case

Camden M. Hall, Foster Pepper & Shefelman, Seattle, Washington, Geoffrey P. Knudsen, Ann Mary Holmes, Donald B. Myers, Stoel, Rives, Boley, Jones & Grey, Seattle, Washington, for plaintiffs-appellants.

Robert D. Joffe, Cravath, Swaine & Moore, New York City, Bruce D. Corker, Seattle, Washington; R. Harvey Chappell, Jr., Paul W. Jacobs, II, J. Tracy Walker, IV, Christian, Barton, Epps, Brent & Chappell, Richmond, Virginia, for defendants-appellees.

Before ALARCON and CANBY, Circuit Judges, and FITZGERALD, District Judge.

CANBY, Circuit Judge:

These cases arise from the efforts of bondholders to enforce "gold clauses" in railroad bonds issued almost a century ago. A gold clause requires payment of the bond's obligations in gold dollars valued at the time the obligation was undertaken. In 1933, Congress rendered such gold clauses unenforceable, 48 Stat. 112, 113 (1933), but then permitted them again in 1977, 91 Stat. 1227, 1229 (1977). The issues presented here are whether the 1977...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases