Legal Opinion

In Re Coastal Carriers Corp.

United States Bankruptcy Court, D. Maryland

Decided June 3, 1991No. 12-19622PublishedCited by 15 opinions

1Opinion of the Court

MEMORANDUM OPINION OVERRULING OBJECTION TO ADMINISTRATIVE CLAIM

JAMES F. SCHNEIDER, Bankruptcy Judge.

The issue presented in this case is whether the owners of a tug which towed the debtor’s barge three-quarters of the way across the Atlantic Ocean before the barge sank (through no apparent fault of the tug) are entitled to an administrative expense claim against the debtor’s bankruptcy estate based upon a postpetition towage contract. For the reasons stated, this Court concludes that the administrative claim should be allowed.

FINDINGS OF FACT

1. Coastal Carriers Corporation, a Florida…

2Cases cited13 opinions

  1. In Re Mammoth Mart, Inc., Debtor. Stanley Cramer v. Mammoth Mart, Inc.Court of Appeals for the First Circuit · 1976
  2. Reading Co. v. BrownSupreme Court of the United States · 1968
  3. Stevens v. the White CitySupreme Court of the United States · 1932
  4. In the Matter of Jartran, Inc., Debtor. Appeal of Reuben H. Donnelley Corporation and Sandra C. Tinsley, IncCourt of Appeals for the Seventh Circuit · 1984
  5. Matter of Patch GraphicsUnited States Bankruptcy Court, W.D. Wisconsin · 1986

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3Cited by15 opinions

  1. Total Minatome Corp. v. Jack/Wade Drilling, Inc.Court of Appeals for the Fifth Circuit · 2001
  2. In the Matter of Transamerican Natural Gas Corp., Debtor. Toma Steel Supply, Inc. v. Transamerican Natural Gas Corporation, in the Matter of Transamerican Natural Gas Corp., Debtor. Toma Steel Supply, Inc. v. Ghr Energy Corp., in the Matter of Transamerican Natural Gas Corporation, Debtor. Toma Steel Supply, Inc. v. Transamerican Natural Gas Corporation, F/k/a Ghr Energy CorporationCourt of Appeals for the Fifth Circuit · 1993
  3. Toma Steel Supply, Inc. v. Transamerican Natural Gas Corp.Court of Appeals for the Fifth Circuit · 1992
  4. In Re American Plumbing & Mechanical, Inc.United States Bankruptcy Court, W.D. Texas · 2005
  5. In Re Southern Soya Corp.United States Bankruptcy Court, D. South Carolina · 2000

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