American Hull Insurance Syndicate v. United States Lines, Inc. (In Re United States Lines, Inc.)
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
DECISION
HOWARD C. BUSCHMAN, III, Bankruptcy Judge.
Plaintiffs, an unincorporated group of insurers of the S.S. AMERICAN APOLLO, a vessel owned and operated by the debtor United States Lines, Inc. (“U.S. Lines”), seek to reclaim sums totalling $1,899,-448.22 paid to the debtor pursuant to an . insurance agreement. Plaintiffs bring this adversary proceeding to impose a constructive trust on $445,159.12 of the total. They also assert priority claims of $999,265.55 less all or part of $56,159.12 depending upon the recovery under their constructive trust claims. Plaintiffs concede that they hold a…
2Cases cited26 opinions
- Kelly v. RobinsonSupreme Court of the United States · 1986
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- Cunningham v. BrownSupreme Court of the United States · 1924
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- Nicholas v. United StatesSupreme Court of the United States · 1966
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