Derailed By Bankruptcy: Life After The Reading Railroad by Howard H. LewisDerailed By Bankruptcy: Life After The Reading Railroad by Howard H. Lewis

Derailed By Bankruptcy: Life After The Reading Railroad

byHoward H. Lewis

Hardcover | January 4, 2016

Pricing and Purchase Info

$35.12 online 
$41.95 list price save 16%
Earn 176 plum® points

Prices and offers may vary in store


In stock online

Ships free on orders over $25

Not available in stores


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.

Howard H. Lewis, a graduate of Harvard Law School, has practiced law for over 50 years.John C. Spychalski is Professor Emeritus of Supply Chain Management, Pennsylvania State University.
Title:Derailed By Bankruptcy: Life After The Reading RailroadFormat:HardcoverDimensions:160 pages, 9 × 6 × 0.98 inPublished:January 4, 2016Publisher:Indiana University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0253018668

ISBN - 13:9780253018663


Table of Contents

Foreword by John C. Spychalski
List of Abbreviations
List of Important Names
1. The Age of Innocence
2. The Gathering Storm
3. A Time of Waiting
4. The Beginning
5. The Plot Thickens
6. Fear and Exhaustion
7. Detailed Case Preparation
8. The Times That Try Men's Souls
9. The Rail Use Case: Ours and the Government's
10. The Government's Case
11. End Game

Editorial Reviews

For the railfan, you'll receive an insider view of this historically important period and a better understanding of how and why Conrail came into being and what it meant for rail transportation.