Arkansas Legal Resource Navigator

11 U.S.C. § 1169 — Effect of rejection of lease of railroad line

Federal law — U.S. Code and appendices · legal_authorities

11 U.S.C. § 1169 — Effect of rejection of lease of railroad line

Page 284 TITLE 11—BANKRUPTCY § 1169 ‘‘(B) that occurs or becomes an event of default after such date is cured before the later of— ‘‘(i) 30 days after the date of such default or event of default; and ‘‘(ii) the expiration of such 60-day period. ‘‘(b) The trustee and the secured party, lessor, or con- ditional vendor, as the case may be, whose right to take possession is protected under subsection (a) of this section, may agree, subject to the court’s approval, to extend the 60-day period specified in subsection (a)(1) of this section.’’ 1984—Subsec. (b). Pub. L. 98–353 inserted a comma after ‘‘approval’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2000 AMENDMENT Amendment by Pub. L. 106–181 applicable only to fis- cal years beginning after Sept. 30, 1999, see section 3 of Pub. L. 106–181, set out as a note under section 106 of Title 49, Transportation. EFFECTIVE DATE OF 1994 AMENDMENT Amendment by Pub. L. 103–394 effective Oct. 22, 1994, and not applicable with respect to cases commenced under this title before Oct. 22, 1994, see section 702 of Pub. L. 103–394, set out as a note under section 101 of this title. EFFECTIVE DATE OF 1984 AMENDMENT Amendment by Pub. L. 98–353 effective with respect to cases filed 90 days after July 10, 1984, see section 552(a) of Pub. L. 98–353, set out as a note under section 101 of this title. § 1169. Effect of rejection of lease of railroad line (a) Except as provided in subsection (b) of this section, if a lease of a line of railroad under which the debtor is the lessee is rejected under section 365 of this title, and if the trustee, with- in such time as the court fixes, and with the court’s approval, elects not to operate the leased line, the lessor under such lease, after such ap- proval

Source: Supplied 2024 U.S. Code historical extraction · 11 U.S.C. § 1169

Stored review status: historical_2024_not_currentness_verified. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: e8a6a5335601f81f3e4e4f48dfb5aec77a80edf7883a91b2ddd6c0ba32a093e2. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:usc2024-8b4b834a25ddd821d1ce19c5
Source file: Laws/federal/codes/united-states-code-2024/title-11/section-1169-effect-of-rejection-of-lease-of-railroad-line--737bd63762.md
Pages: Not recorded – Not recorded
Passage SHA-256: 4012e73c3168f9e945d836dfb54f4d04b44bbbc532559ac1771f194f57d466d4

Source location: USCODE-2024-title11-chap11-subchapIV-sec1169.pdf

Stored source content

Page 284 TITLE 11—BANKRUPTCY § 1169 ‘‘(B) that occurs or becomes an event of default after such date is cured before the later of— ‘‘(i) 30 days after the date of such default or event of default; and ‘‘(ii) the expiration of such 60-day period. ‘‘(b) The trustee and the secured party, lessor, or con- ditional vendor, as the case may be, whose right to take possession is protected under subsection (a) of this section, may agree, subject to the court’s approval, to extend the 60-day period specified in subsection (a)(1) of this section.’’ 1984—Subsec. (b). Pub. L. 98–353 inserted a comma after ‘‘approval’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2000 AMENDMENT Amendment by Pub. L. 106–181 applicable only to fis- cal years beginning after Sept. 30, 1999, see section 3 of Pub. L. 106–181, set out as a note under section 106 of Title 49, Transportation. EFFECTIVE DATE OF 1994 AMENDMENT Amendment by Pub. L. 103–394 effective Oct. 22, 1994, and not applicable with respect to cases commenced under this title before Oct. 22, 1994, see section 702 of Pub. L. 103–394, set out as a note under section 101 of this title. EFFECTIVE DATE OF 1984 AMENDMENT Amendment by Pub. L. 98–353 effective with respect to cases filed 90 days after July 10, 1984, see section 552(a) of Pub. L. 98–353, set out as a note under section 101 of this title. § 1169. Effect of rejection of lease of railroad line (a) Except as provided in subsection (b) of this section, if a lease of a line of railroad under which the debtor is the lessee is rejected under section 365 of this title, and if the trustee, with- in such time as the court fixes, and with the court’s approval, elects not to operate the leased line, the lessor under such lease, after such ap- proval, shall operate the line. (b) If operation of such line by such lessor is impracticable or contrary to the public interest, the court, on request of such lessor, and after notice and a hearing, shall order the trustee to continue operation of such line for the account of such lessor until abandonment is ordered under section 1170 of this title, or until such op- eration is otherwise lawfully terminated, which- ever occurs first. (c) During any such operation, such lessor is deemed a carrier subject to the provisions of subtitle IV of title 49 that are applicable to rail- roads. (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2643; Pub. L. 97–449, § 5(a)(3), Jan. 12, 1983, 96 Stat. 2442; Pub. L. 98–353, title III, § 520, July 10, 1984, 98 Stat. 388.) HISTORICAL AND REVISION NOTES LEGISLATIVE STATEMENTS Section 1169 of the Senate amendment is deleted from the House amendment as unnecessary since 28 U.S.C. 1407 treating with the judicial panel on multi-district litigation will apply by its terms to cases under title 11. SENATE REPORT NO. 95–989 Section 1177 [enacted as section 1169] continues, es- sentially without change, the provisions relating to the rejection by the trustee of a lease of a line of railroad now contained in section 77(c)(6) [section 205(c)(6) of former title 11]. Subsection (a) requires the lessor of a line of railroad to operate it if the lease is rejected by the trustee and the trustee, with the approval of the court, elects not to operate the leased line. Subsection (b), however, further provides that if operation by the lessor is impractical or contrary to the public interest, the court shall require the trustee to operate the line for the account of the lessor until the operation is law- fully terminated. Subsection (c) provides that during such operation, the lessor is a carrier subject to the Interstate Commerce Act [49 U.S.C. 10101 et seq.]. HOUSE REPORT NO. 95–595 [Section 1168] This section [enacted as section 1169] governs the effect of the rejection by the trustee of an unexpired lease of railroad line under which the debtor is the lessee. If the trustee rejects such a lease, and if the trustee, within such time as the court allows, and with the approval of the court, elects not to operate the leased line, then the lessor under the lease must op- erate the line. Subsection (b) excuses the lessor from the require- ment to operate the line under certain circumstances. If operation of the line by the lessor is impracticable or contrary to the public interest, the court, on request of the lessor, must order the trustee to continue oper- ation of the line for the account of the lessor until abandonment is ordered under section 1169, governing abandonments generally, or until the operation is oth- erwise lawfully terminated, such as by an order of the ICC. Subsection (c) deems the lessor a carrier subject to the provisions of the Interstate Commerce Act [49 U.S.C. 10101 et seq.] during the operation of the line be- fore abandonment. Editorial Notes AMENDMENTS 1984—Subsec. (c). Pub. L. 98–353 directed substitution of ‘‘subtitle IV of title 49’’ for ‘‘the Interstate Com- merce Act (49 U.S.C. 1 et seq.)’’, which substitution had previously been made by Pub. L. 97–449. 1983—Subsec. (c). Pub. L. 97–449 substituted ‘‘subtitle IV of title 49’’ for ‘‘the Interstate Commerce Act (49 U.S.C. § 1 et seq.)’’. § 1170. Abandonment of railroad line (a) The court, after notice and a hearing, may authorize the abandonment of all or a portion of a railroad line if such abandonment is— (1)(A) in the best interest of the estate; or (B) essential to the formulation of a plan; and (2) consistent with the public interest. (b) If, except for the pendency of the case under this chapter, such abandonment would re- quire approval by the Board under a law of the United States, the trustee shall initiate an ap- propriate application for such abandonment with the Board. The court may fix a time within which the Board shall report to the court on such application. (c) After the court receives the report of the Board, or the expiration of the time fixed under subsection (b) of this section, whichever occurs first, the court may authorize such abandon- ment, after notice to the Board, the Secretary of Transportation, the trustee, any party in inter- est that has requested notice, any affected ship- per or community, and any other entity pre- scribed by the court, and a hearing. (d)(1) Enforcement of an order authorizing such abandonment shall be stayed until the

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Federal law — U.S. Code and appendices · legal_authorities

11 U.S.C. § 1169 — Effect of rejection of lease of railroad line

**(a)** Except as provided in subsection (b) of this section, if a lease of a line of railroad under which the debtor is the lessee is rejected under [section 365 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title11-section365&num=0&edition=prelim), and if the trustee, within such time as the court fixes, and with the court’s approval, elects not to operate the leased line, the lessor under such lease, after such approval, shall operate the line. **(b)** If operation of such line by such lessor is impracticable or contrary to the public interest, the court, on request of such lessor, and after notice and a hearing, shall order the trustee to continue operation of such line for the account of such lessor until abandonment is ordered under [section 1170 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title11-section1170&num=0&edition=prelim), or until such operation is otherwise lawfully terminated, whichever occurs first. **(c)** During any such operation, such lessor is deemed a carrier subject to the provisions of subtitle IV of title 49 that are applicable to railroads.

Source: Supplied U.S. Code snapshot — release unconfirmed · 11 U.S.C. § 1169

Stored review status: release_metadata_unconfirmed. Same stored citation; legal effect and authority still require review.

Federal law — U.S. Code and appendices · legal_authorities

28 U.S.C. § 1407 — Multidistrict litigation

**(a)** When civil actions involving one or more common questions of fact are pending in different districts, such actions may be transferred to any district for coordinated or consolidated pretrial proceedings. Such transfers shall be made by the judicial panel on multidistrict litigation authorized by this section upon its determination that transfers for such proceedings will be for the convenience of parties and witnesses and will promote the just and efficient conduct of such actions. Each action so transferred shall be remanded by the panel at or before the conclusion of such pretrial proceedings to the district from which it was transferred unless it shall have been previously terminated: Provided, however, That the panel may separate any claim, cross-claim, counter-claim, or third-party claim and remand any of such claims before the remainder of the action is remanded. **(b)** Such coordinated or consolidated pretrial proceedings shall be conducted by a judge or judges to whom such actions are assigned by the judicial panel on multidistrict litigation. For this purpose, upon request of the panel, a circuit judge or a district judge may be designated and assigned temporarily for service in the transferee district by the Chief Justice of the United States or the chief judge of the circuit, as may be required, in accordance with the provisions of chapter 13 of this title. With the consent of the transferee district court, such actions may be assigned by the panel to a judge or judges of such district. The judge or judges to whom such actions are assigned, the members of the judicial panel on multidistrict litigation, and other circuit and district judges designated when needed by the panel may exercise the powers of a district judge in any district for the purpose

Source: Supplied U.S. Code snapshot — release unconfirmed · 28 U.S.C. § 1407

Stored review status: release_metadata_unconfirmed. The source passage cites 28 U.S.C. § 1407. This identifies an authority to review, not proof of applicability.

Federal law — U.S. Code and appendices · legal_authorities

28 U.S.C. § 1407 — Multidistrict litigation

Page 392 TITLE 28—JUDICIARY AND JUDICIAL PROCEDURE § 1407 or district shall dismiss, or if it be in the inter- est of justice, transfer such case to any district or division in which it could have been brought. (b) Nothing in this chapter shall impair the ju- risdiction of a district court of any matter in- volving a party who does not interpose timely and sufficient objection to the venue. (c) As used in this section, the term ‘‘district court’’ includes the District Court of Guam, the District Court for the Northern Mariana Islands, and the District Court of the Virgin Islands, and the term ‘‘district’’ includes the territorial ju- risdiction of each such court. (June 25, 1948, ch. 646, 62 Stat. 937; May 24, 1949, ch. 139, § 81, 63 Stat. 101; Pub. L. 86–770, § 1, Sept. 13, 1960, 74 Stat. 912; Pub. L. 87–845, § 10, Oct. 18, 1962, 76A Stat. 699; Pub. L. 97–164, title I, § 132, Apr. 2, 1982, 96 Stat. 39; Pub. L. 104–317, title VI, § 610(b), Oct. 19, 1996, 110 Stat. 3860.) HISTORICAL AND REVISION NOTES 1948 ACT Subsection (a) provides statutory sanction for trans- fer instead of dismissal, where venue is improperly laid. Subsection (b) is declaratory of existing law. (See Panama R.R. Co. v. Johnson, 1924, 44 S.Ct. 391, 264 U.S. 375, 68 L.Ed. 748.) It makes clear the intent of Congress that venue provisions are not jurisdictional but may be waived. 1949 ACT This section removes an ambiguity in section 1406(a) of title 28, U.S.C., by substituting ‘‘may’’ for ‘‘shall’’, thus making it clear that the court may decline to transfer a case brought in the wrong district under cir- cumstances where it would not be in the interest of jus- tice to make such transfer. [The amendment to section 1406(a) of this title described in this note was altered in th

Source: Supplied 2024 U.S. Code historical extraction · 28 U.S.C. § 1407

Stored review status: historical_2024_not_currentness_verified. The source passage cites 28 U.S.C. § 1407. This identifies an authority to review, not proof of applicability.

Federal law — U.S. Code and appendices · legal_authorities

49 U.S.C. § 10101 — Rail transportation policy

In regulating the railroad industry, it is the policy of the United States Government— (1) to allow, to the maximum extent possible, competition and the demand for services to establish reasonable rates for transportation by rail; (2) to minimize the need for Federal regulatory control over the rail transportation system and to require fair and expeditious regulatory decisions when regulation is required; (3) to promote a safe and efficient rail transportation system by allowing rail carriers to earn adequate revenues, as determined by the Board; (4) to ensure the development and continuation of a sound rail transportation system with effective competition among rail carriers and with other modes, to meet the needs of the public and the national defense; (5) to foster sound economic conditions in transportation and to ensure effective competition and coordination between rail carriers and other modes; (6) to maintain reasonable rates where there is an absence of effective competition and where rail rates provide revenues which exceed the amount necessary to maintain the rail system and to attract capital; (7) to reduce regulatory barriers to entry into and exit from the industry; (8) to operate transportation facilities and equipment without detriment to the public health and safety; (9) to encourage honest and efficient management of railroads; (10) to require rail carriers, to the maximum extent practicable, to rely on individual rate increases, and to limit the use of increases of general applicability; (11) to encourage fair wages and safe and suitable working conditions in the railroad industry; (12) to prohibit predatory pricing and practices, to avoid undue concentrations of market power, and to prohibit unlawful discrimination; (13) to ensure the av

Source: Supplied U.S. Code snapshot — release unconfirmed · 49 U.S.C. § 10101

Stored review status: release_metadata_unconfirmed. The source passage cites 49 U.S.C. § 10101. This identifies an authority to review, not proof of applicability.

Federal law — U.S. Code and appendices · legal_authorities

49 U.S.C. § 10101 — Rail transportation policy

Page 417 TITLE 49—TRANSPORTATION § 10101 State or a unit of local government under the program shall be not more than 80 percent. (g) TECHNICAL ASSISTANCE.—The Secretary, in consultation with the Undersecretary and the Director, shall develop a process to provide tech- nical assistance to Indian Tribes and under- served communities to assist in the project de- sign and grant process and procedures. (h) ADMINISTRATIVE EXPENSES.—Of the amounts made available for each fiscal year to carry out the program, the Secretary, the Un- dersecretary, and the Director may use not more than 2 percent to pay the administrative ex- penses necessary to carry out this section. (i) AUTHORIZATION OF APPROPRIATIONS.—There is authorized to be appropriated to carry out the program $800,000,000 for each of fiscal years 2022 through 2026. (Added Pub. L. 117–58, div. B, title I, § 21203(a), Nov. 15, 2021, 135 Stat. 676.) SUBTITLE IV—INTERSTATE TRANSPORTATION PART A—RAIL Chapter Sec. 101. GENERAL PROVISIONS ................... 10101 105. JURISDICTION ................................... 10501 107. RATES .................................................... 10701 109. LICENSING ........................................... 10901 111. OPERATIONS ....................................... 11101 113. FINANCE ............................................... 11301 115. FEDERAL-STATE RELATIONS ....... 11501 117. ENFORCEMENT: INVESTIGA- TIONS, RIGHTS, AND REM- EDIES ................................................. 11701 119. CIVIL AND CRIMINAL PEN- ALTIES ............................................... 11901 PART B—MOTOR CARRIERS, WATER CARRIERS, BROKERS, AND FREIGHT FORWARDERS Chapter Sec. 131. GENERAL PROVISIONS ................... 13101 133. ADMINISTRATIVE PROVISION

Source: Supplied 2024 U.S. Code historical extraction · 49 U.S.C. § 10101

Stored review status: historical_2024_not_currentness_verified. The source passage cites 49 U.S.C. § 10101. This identifies an authority to review, not proof of applicability.