In Re Ghr Energy Corporation, Debtor. Ghr Energy Corporation, F/k/a Good Hope Refineries, Inc. v. Crispin Company Limited
Court of Appeals for the Fifth Circuit
1Per curiam
Over three years ago, a panel of arbitrators awarded to Crispin Co. $3,125,627.50 from GHR Energy Corp. for damages arising out of what the arbitrators concluded was the breach of a contract for the sale of petroleum products to GHR. Two days before the award, however, GHR filed a petition for reorganization under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Massachusetts. The bankruptcy judge granted Cris-pin’s motion to confirm the award and to lift the automatic stay on June 27, 1984. On the same date, the Clerk of the Bankruptcy Court for the Southern…
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