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Alameda Corridor Transportation Authority secures settlement valued at more than $1 billion in dispute over revenues for construction and maintenance of consolidated rail line

December 2006

Client(s) Alameda Corridor Transportation Authority

Jones Day represented Alameda Corridor Transportation Authority (ACTA) in contractual disputes with two railroads concerning certain fees to be paid to repay the bonds issued for construction of the $2.4 billion Alameda Corridor linking the ports of Los Angeles and Long Beach with the transcontinental rail network. We obtained a settlement publicly valued in excess of $1 billion in terms of future payments over the life of the bonds.

Alameda Corridor Transportation Authority v. BNSF Railway Company, et al.

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