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RAILWAY LABOR EXEC. ASS'N v. PITTSBURGH & LAKE ERIE R. CO.

No. 87-3853.

858 F.2d 936 (1988)

RAILWAY LABOR EXECUTIVES ASSOCIATION v. PITTSBURGH & LAKE ERIE RAILROAD CO., a Delaware Corp. Pleco, Inc., a Delaware Corp. S. Henry G. Allyn, Gordon E. Neuenschwander, G. Gray Garland, Bernard B. Smyth, Beloit Corp., a Wisconsin Corp., Chicago West Pullman Transportation Corp., an Illinois Corp., and P & LE Railco, Inc., an Illinois Corp. Appeal of RAILWAY LABOR EXECUTIVES ASSOCIATION ("RLEA").

United States Court of Appeals, Third Circuit.

Decided October 14, 1988.

Attorney(s) appearing for the Case

John O'B. Clarke, Jr., Richard S. Edelman (argued), Highsaw & Mahoney, Washington, D.C., for appellant.

Richard L. Wyatt, Jr., Ronald M. Johnson (argued), Brett A. Perlman, Akin, Gump, Strauss, Hauer & Feld, Washington, D.C., G. Edward Yurcon, Vice President — Law, Pittsburgh & Lake Erie R. Co., Pittsburgh, Pa., for appellees Pittsburgh & Lake Erie R. Co., Pleco, Inc., Henry G. Allyn, Gordon Neuenschwander, Bernard B. Smyth, and Beloit Corp.

Thomas R. Johnson, Stephen M. Olson, David J. Strasser, Kirkpatrick & Lockhart, Pittsburgh, Pa., for appellees Chicago West Pullman Transp. Corp. and P & LE Railco, Inc.

Before BECKER, STAPLETON and GREENBERG, Circuit Judges.

OPINION OF THE COURT

STAPLETON, Circuit Judge:

This appeal is the third that we have faced within the past year arising out of challenges by appellant Railway Labor Executives' Association (RLEA) to a proposed sale of assets by appellee Pittsburgh & Lake Erie Railroad Company (P & LE). In Railway Labor Executives' Ass'n. v. Pittsburgh & Lake Erie R.R., 831 F.2d 1231 (3d Cir.1987), petition for cert...

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