• Iowa Pacific Holdings Class III Lines

  • Iowa Pacific Holdings and its subsidiaries had severe financial trouble and held large debts. In 2019 and 2020, many of IPH's subsidiaries were placed into receivership. Along with IPH's subsidiaries facing serious financial trouble, Iowa Pacific's two main rolling stock holding companies, Heritage Rail Leasing and San Luis & Rio Grande Railroad were forced into Chapter 11 bankruptcy and were appointed a trustee by a U.S. bankruptcy court in Denver. [27] Iowa Pacific Holdings itself filed for Chapter 7 bankruptcy in U.S. bankruptcy court in Northern Illinois in late March 2021.[28] As of 2021, Iowa Pacific Holdings former rolling stock and subsidiary railroads have been sold and auctioned off by the appointed trustees
Iowa Pacific Holdings and its subsidiaries had severe financial trouble and held large debts. In 2019 and 2020, many of IPH's subsidiaries were placed into receivership. Along with IPH's subsidiaries facing serious financial trouble, Iowa Pacific's two main rolling stock holding companies, Heritage Rail Leasing and San Luis & Rio Grande Railroad were forced into Chapter 11 bankruptcy and were appointed a trustee by a U.S. bankruptcy court in Denver. [27] Iowa Pacific Holdings itself filed for Chapter 7 bankruptcy in U.S. bankruptcy court in Northern Illinois in late March 2021.[28] As of 2021, Iowa Pacific Holdings former rolling stock and subsidiary railroads have been sold and auctioned off by the appointed trustees

Moderator: Aa3rt

Forum Statistics Last post
0 Replies 
 401 Views
 by Jeff Smith
 
9 Replies 
 883 Views
 by STrRedWolf
 
README: Forum Rules / Legal / Terms of Service
by Jeff Smith  -   - In: News, Announcements, FAQ and Help
0 Replies 
 7777 Views
 by Jeff Smith
 
Railroad.net Announces Ad-Free Subscriptions
by gprimr1  -   - In: News, Announcements, FAQ and Help
0 Replies 
 13788 Views
 by gprimr1
 
Forum Statistics Last post
San Luis & Rio Grande Railroad (SLRG)
by Jeff Smith  - 
7 Replies 
 10804 Views
 by NotYou
 
Has IP gone "Belly up"?
by Backshophoss  - 
46 Replies 
 18004 Views
 by Safetee
 
Mount Hood Railroad (MH)
by Jeff Smith  - 
25 Replies 
 9844 Views
 by woodeen
 
Liquidation Begins
by Jeff Smith  - 
2 Replies 
 1576 Views
 by Shortline614
 
Rio Grande Scenic Railroad 2-8-0 No. 18 Sold
by Jeff Smith  - 
0 Replies 
 769 Views
 by Jeff Smith
 
0 Replies 
 1078 Views
 by Jeff Smith
 
IPH Passenger Operations
by Rockingham Racer  - 
28 Replies 
 17300 Views
 by Rockingham Racer
 
Iowa Pacific in Columbia, South America
by rhallock  - 
0 Replies 
 1698 Views
 by rhallock
 
Fate of Nickel Plate in Indiana
by Jeff Smith  - 
2 Replies 
 19438 Views
 by Jeff Smith
 
Grenada Railroad / Grenada Railway (GRYR)
by zacblanton  - 
12 Replies 
 19278 Views
 by GOLDEN-ARM
 
Santa Cruz & Monterey Bay Railway (SCMB)
by Jeff Smith  - 
3 Replies 
 4865 Views
 by Jeff Smith
 
Saratoga & North Creek (S&NC) Discussion
by SlackControl  - 
482 Replies 
 188245 Views
 by BandA
 
Chicago Terminal Railroad (CTM)
by Jeff Smith  - 
2 Replies 
 4237 Views
 by Tadman
 
Texas State Railroad
by Jeff Smith  - 
11 Replies 
 8924 Views
 by Jeff Smith
 
Piedmont & Northern Railroad (PNRW)
by Jeff Smith  - 
3 Replies 
 4427 Views
 by Railman1396
 
Rusk, Palestine, & Pacific Railroad (RPP)
by Jeff Smith  - 
2 Replies 
 4114 Views
 by Jeff Smith
 

Forum permissions

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum