By William C. Vantuono, Editor-in-Chief, Railway Age Magazine; November 11, 2019
Philip Morris Capital Corp. and HNB Investment Corp. have sued Amtrak in New York federal court in an attempt to recover $92.9 million for what they claim is a breach of contract for long-retired electric locomotives used on the Northeast Corridor.
The case is Philip Morris Capital Corporation et al. v. National Railroad Passenger Corp., case number 1:19-cv-10378, in the U.S. District Court for the Southern District of New York. Law360 broke the story on Nov. 8. It is reproduced here with clarifications (in brackets) and minor edits. Background information follows; the entire 62-page complaint can downloaded below.