In Re Ocean Transport Corp.
United States Bankruptcy Court, N.D. Florida
1Opinion of the Court
MEMORANDUM OF OPINION
LEWIS M. KILLIAN, Jr., Bankruptcy Judge.
THIS CAUSE was heard before the Court on the objection of the debtor, Ocean Transport Corporation (“OTC”), to the proof of claim filed by Balehi Marine, Inc (“Balehi”). OTC objects to the claim on the basis that an accord and satisfaction in full settlement of the indebtedness was reached with Balehi. OTC also claims that even if there was no accord and satisfaction, Balehi retained property of OTC of a value that equals or exceeds its debt to Balehi and thus, no claim should be allowed. Balehi argues that there was no accord and…
2Cases cited8 opinions
- Quealy v. Paine, Webber, Jackson & Curtis, Inc.Supreme Court of Louisiana · 1985
- Felder v. Georgia Pac. Corp.Supreme Court of Louisiana · 1981
- Goodman v. OlsenSupreme Court of Florida · 1974
- Chrysler Credit Corp. v. Whitney National BankCourt of Appeals for the Fifth Circuit · 1995
- Boisdore v. International City Bank & Trust Co.Louisiana Court of Appeal · 1978
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3Cited by3 opinions
- AG New Mexico, FCS, ACA v. Borges (In re Borges)United States Bankruptcy Court, D. New Mexico · 2012
- National Fire & Marine Insurance v. Adoreable Promotions, Inc.District Court, M.D. Florida · 2006
- L'Arbalete, Inc. v. ZaczacDistrict Court, S.D. Florida · 2007