Legal Opinion

American Hull Insurance Syndicate v. United States Lines, Inc. (In re McLean Industries, Inc.)

District Court, S.D. New York

Decided February 19, 1987No. Bankruptcy Nos. 86 B 12238 (HCB)-86 B 12241 (HCB); Adv. No. 87-5039APublishedCited by 1 opinion

1Opinion of the Court

DECISION AND ORDER

HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

Plaintiffs, which provided hull and machinery insurance coverage to the S.S. AMERICAN APOLLO, a vessel owned and operated by United States Lines, Inc. (the “Debtor”), commenced this adversary proceeding seeking reclamation of some $1,899,448.22 which they had paid to the Debtor pursuant to the insurance policy. A temporary restraining order, issued by this Court on January 27, 1987, restrained the Debtor from making withdrawals from its account at the First National Bank of *150Atlanta where this sum is on deposit, which would reduce…

2Cases cited6 opinions

Jackson Dairy, Inc. v. H. P. Hood & Sons, Inc.Court of Appeals for the Second Circuit · 1979
Wali v. CoughlinCourt of Appeals for the Second Circuit · 1985
United States v. FontanaDistrict Court, S.D. New York · 1981
Dampskibsselskabet AF 1912 Aktieselskab v. Black & Geddes, Inc. (In Re Black & Geddes, Inc.)United States Bankruptcy Court, S.D. New York · 1984
Yonkers Board of Education v. Richmond Children's Center, Inc.District Court, S.D. New York · 1986

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3Cited by1 opinion

Wasden v. Florida Department of Revenue (In Re Wellington Foods, Inc.)United States Bankruptcy Court, S.D. Georgia · 1994