Overview
(June 1, 2022, Washington, D.C.) — Steptoe & Johnson LLP client CSX Transportation, Inc. (CSX) has completed its acquisition of Pan Am Railways, Inc. (Pan Am), expanding CSX's reach into the rapidly growing Northeast region of the country.
Steptoe has advised CSX – one of the two large Class I railroads in the Eastern United States – as regulatory legal counsel in this transaction.
Completion of the transaction comes six weeks after CSX received regulatory approval from the Surface Transportation Board and was the first transaction classified by the board as "significant" in approximately 15 years.
CSX is a premier transportation company, providing rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products.
The Steptoe team included Anthony LaRocca, Peter Denton, Onika Williams, Sally Mordi, and De Vann Sago.
For additional information, please see the CSX press release.
About Steptoe
In more than 100 years of practice, Steptoe has earned an international reputation for vigorous representation of clients before governmental agencies, successful advocacy in litigation and arbitration, and creative and practical advice in structuring business transactions. Steptoe has more than 500 lawyers and other professional staff across offices in Beijing, Brussels, Chicago, Hong Kong, London, Los Angeles, New York, San Francisco, and Washington. For more information, visit www.steptoe.com.