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Del Norte Prospector: San Luis and Rio Grande Railroad is heading to bankruptcy court

June 26, 2020 01:57PM avatar
A Friday, June 26, 2020 article in the Del Norte Prospector:
Quote

SAN LUIS VALLEY- In a meeting held by the Rio Grande County Commissioners, Chairman John Noffsker updated the board on the status of the SLRG Railroad and announced that it would be headed to state bankruptcy court July 1.


“We received notice from the bankruptcy trustee about a motion to be heard in front of a bankruptcy judge and that they are talking about going to auction on the San Luis and Rio Grande Railroad later in July,” stated Noffsker. County Attorney Ryan Dunn stated that the trustee had begun soliciting bids for the line as of June 18.


Now the line is being placed up for bid and besides Rio Grande County, no other entities have a say in what happens next. Dealings with the rail date back several years and several conversations between Valley government officials have occurred on and off the record to try and find a way to either keep the line or to have it converted to a walking trail.


It is now up to the U.S. Bankruptcy Court to approve the sale of the line to the highest bidder and some fear the impact it could potentially have on the economy of the San Luis Valley.
Link: San Luis and Rio Grande Railroad is heading to bankruptcy court
Subject Author Posted

NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Chris Webster May 19, 2020 07:52AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

evankamp May 19, 2020 08:18AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

nedsn3 May 19, 2020 08:49AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Will Gant May 19, 2020 09:09AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

guymonmd May 19, 2020 11:26AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Chris Webster May 19, 2020 11:47AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Andrew Roth May 20, 2020 08:10AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Will Gant May 19, 2020 01:03PM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

michael May 19, 2020 07:20PM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Everett Lueck May 19, 2020 07:35PM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

nedsn3 May 20, 2020 08:11AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Greg Scholl May 20, 2020 09:44AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Sam Seiber May 20, 2020 05:58PM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Earl May 20, 2020 07:12PM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

DWB May 21, 2020 08:50PM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Earl May 21, 2020 08:59PM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Jimr260 May 22, 2020 06:14AM

Night trains

hank May 22, 2020 06:25AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Greg Scholl May 22, 2020 06:31AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Jimr260 May 22, 2020 07:08AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

John Bush May 22, 2020 01:45PM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Jerry474 May 22, 2020 09:46AM

Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Jimr260 May 22, 2020 05:07PM

All Nighters on the Narrow Gauge. Was: Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Earl May 22, 2020 10:20PM

Re: All Nighters on the Narrow Gauge. Was: Re: NNG: Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Jimr260 May 23, 2020 06:15AM

The problem with the Farmington yard

hank May 23, 2020 07:09AM

Re: The problem with the Farmington yard

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Del Norte Prospector: San Luis and Rio Grande Railroad is heading to bankruptcy court

Chris Webster June 26, 2020 01:57PM



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