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MATTER OF SEATRAIN LINES, INC.

Bankruptcy No. 81-0209.

16 B.R. 540 (1981)

In the Matter of SEATRAIN LINES, INC., et al., Debtor-in-Possession. AMERICAN PETROFINA, INCORPORATED, Plaintiff, v. SEATRAIN LINES, INC., Tenafly Holdings, Inc., East River Steamship Corporation, Kingsway Tankers, Inc., Richmond Tankers, Inc., Queensway Tankers, Inc., Tenafly VLCC Holdings, Inc., Stephen Russell, and Albert Guetta, Defendants.

United States Bankruptcy Court, D. New Jersey.

June 16, 1981.

Attorney(s) appearing for the Case

Riker, Danzig, Scherer & Hyland by Dennis J. O'Grady, Newark, N.J. and Wilmer, Cutler & Pickering by Howard P. Willens, Stephen W. Kidder, Stephen Hirt, Washington, D.C., for plaintiff.

Thomas E. Durkin, Jr., Newark, N.J. and Williams & Connolly by John W. Vardaman, Jr., Kevin T. Baine, Washington, D.C., for defendants.

Stroock & Stroock & Lavan by Jack Gross, Alan Green, Prudence B. Abram, New York City, for debtor.

OPINION

D. JOSEPH DeVITO, Bankruptcy Judge.

The Court considers two motions, that of the above plaintiff American Petrofina, Incorporated (Petrofina), seeking a remand of the above proceeding to the District Court for the District of New Jersey, the other the motion of the defendant Seatrain Lines, Inc. (Seatrain), seeking a transfer of the above proceedings to the Bankruptcy Court for the Southern District of New York. There follows the immediate procedural...

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