United States Eighth Circuit

49 USC 10907(b)(1) does not require the Surface Transportation Board to calculate a Going Concern Value of forced sale rail line, so the Board may rely upon the Net Liquidation Value of the rail line instead.

Appellate Information

• Decided 08/20/2001
• Published 08/20/2001

Judges

• WOLLMAN, Chief Judge., Before WOLLMAN, Chief Judge, FAGG, and HANSEN, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Kevin M. Sheys, Washington, D.C., argued (John H. Korns, Edward J. Fishman, and Tracie D. Spear, Washington, D.C., on the brief), for intervenor Arkansas Midland Railroad Co., Richard H. Streeter, Washington, D.C., argued (Mark J. Andrews, Washington, D.C., Robert S. Hargraves, Hot Springs, AR, on the brief), for petitioners., Evelyn G. Kitay, Surface Transportation Board, Washington, D.C., argued (Craig M. Keats, Surface Transportation Board, Washington, D.C., Robert B. Nicholson and John P. Fonte, Justice Dept., Washington, D.C., on the brief), for repondents.