Legal Opinion
In re Sterling Navigation Co.
District Court, S.D. New York
Decided October 16, 1980No. Bankruptcy No. 75 B 1955PublishedCited by 1 opinion
1Opinion of the Court
EDWARD J. RYAN, Bankruptcy Judge.
On March 13, 1972, Sterling Navigation Co., Ltd. (“Sterling”) entered into a shipping contract with Newfoundland Export & Shipping Co., Ltd. (“Newfoundland”) whereby the parties agreed that a minimum of 17,000 long tons (“L/T’s”) of newsprint would be shipped by Sterling for Newfoundland at a rate of $41.00 per L/T. Clause 13 of the contract set forth the shipping dates as well as the minimum quantity to be moved at each date (See Exhibit A). Under this contract, Sterling shipped a total of 23,450 L/T’s for Newfoundland. The contract also contained a…
2Cases cited6 opinions
- Galigher v. JonesSupreme Court of the United States · 1889
- Mitchell v. Texas Gulf Sulphur Co.Court of Appeals for the Tenth Circuit · 1971
- Bache & Co., Inc. v. International Controls Corp.District Court, S.D. New York · 1972
- Bache & Co. v. International Controls Corp.Court of Appeals for the Second Circuit · 1972
- Monolith Portland Cement Company, a Corporation v. Douglas Oil Company of California, a CorporationCourt of Appeals for the Ninth Circuit · 1962
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3Cited by1 opinion
- In re: Robbyn Dale Mattson and Renee Diane MattsonUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2012