Legal Opinion
Kongsberg North America, Inc. v. Underwater Completion Team, Inc. (In Re Underwater Completion Team, Inc.)
United States Bankruptcy Court, W.D. Louisiana
Decided October 7, 1983No. 19-80154PublishedCited by 1 opinion
1Opinion of the Court
OPINION
RODNEY BERNARD, Jr., Bankruptcy Judge.
This matter is before the court pursuant to a motion filed by Kongsberg North America, Inc. to determine its secured status. A hearing on the motion was held on June 1, 1983.
On the 1st day of November, 1982, the debtor, Underwater Completion Team, Inc. filed for reorganization under Chapter 11 of the Bankruptcy Code. The debtor was continued in possession and management of its business immediately thereafter as debtor in possession.
The debtor corporation operates as a diving company that specializes in subsea completion of oil and gas wells. In…
2Cases cited10 opinions
- Mitchell v. W. T. Grant Co.Supreme Court of the United States · 1974
- First Guaranty Bank v. AlfordSupreme Court of Louisiana · 1978
- WT Grant Company v. MitchellSupreme Court of Louisiana · 1972
- Mardis v. HollangerLouisiana Court of Appeal · 1983
- Clubb Oil Tools, Inc. v. M/V GEORGE VERGOTTISDistrict Court, S.D. Texas · 1978
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3Cited by1 opinion
- Cummins Financial, Inc. v. the Vessel Rose Rock RiverDistrict Court, N.D. Illinois · 1991