Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · REGISTER · 2011-08-12 · DEPARTMENT OF TRANSPORTATION · Notices

Notices. DEPARTMENT OF TRANSPORTATION

482 words·~2 min read·/register/2011/08/12/2011-20553

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

BILLING CODE 4915-01-P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35542] Regional Rail, LLC—Continuance in Control Exemption—Tyburn Railroad, LLC Regional Rail, LLC (Regional), a noncarrier, has filed a verified notice of exemption pursuant to 49 CFR 1180.2(d)(2) to continue in control of Tyburn Railroad, LLC (Tyburn), upon Tyburn's becoming a Class III rail carrier. This transaction is related to a concurrently filed verified notice of exemption in Docket No.
FD 35541, *Tyburn Railroad—Acquisition and Operation Exemption—Tyburn Railroad,* wherein Tyburn seeks Board approval to acquire from Tyburn Railroad Company and operate approximately 0.9 miles of rail lines in Morrisville, Pa. The parties intend to consummate the transaction on or shortly after the effective date of the verified notice of exemption. Regional is a Delaware limited liability company that currently controls 2 Class III railroads, East Penn Railroad, LLC
(ESPN)and Middletown and New Jersey Railroad, LLC (Middletown). ESPN operates rail lines in Pennsylvania and Delaware, and Middletown operates rail lines in New York. Regional also owns 100 percent of the issued and outstanding shares of Tyburn. Regional represents that:
(1)The rail lines to be operated by Tyburn do not connect with any other railroads in the corporate family;
(2)the transaction is not part of a series of anticipated transactions that would connect the rail lines with any other railroads in the corporate family; and
(3)the transaction does not involve a Class I rail carrier. Therefore, the transaction is exempt from the prior approval requirements of 49 U.S.C. 11323. *See* 49 CFR 1180.2(d)(2). Under 49 U.S.C. 10502(g), the Board may not use its exemption authority to relieve a rail carrier of its statutory obligation to protect the interests of its employees. Section 11326(c), however, does not provide for labor protection for transactions under § 11324 and § 11325 that involve only Class III rail carriers. Accordingly, the Board may not impose labor protective conditions here because all of the carriers involved are Class III carriers. If the verified notice contains false or misleading information, the exemption is void *ab initio.* Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the effectiveness of the exemption. Stay petitions must be filed no later than August 19, 2011 (at least 7 days before the exemption becomes effective). An original and 10 copies of all pleadings, referring to Docket No. FD 35542, must be filed with the Surface Transportation Board, 395 E Street, SW., Washington, DC 20423-0001. In addition, one copy of each pleading must be served on Karl Morell, Suite 225, 655 15th St., NW., Washington, DC 20005. Board decisions and notices are available on our Web site at *http://www.stb.dot.gov.* Decided: August 5, 2011. By the Board. Rachel D. Campbell, Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2011-20553 Filed 8-11-11; 8:45 am]
Connectionstraces to 2
1 reference not yet in our index
  • 49 CFR 1180.2(d)(2)
Citation graph
cites case law
Notices
DEPARTMENT OF TRANSPORTATION
Cite49 CFR 1180.2(d)(2)
Cites 3Cited by 0 across 0 sources
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.