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NORTH PACIFIC S.S. CO. v. GUARISCO

CA 13405; SC 27511.

647 P.2d 920 (1982)

293 Or. 341

NORTH PACIFIC Steamship CO., a Corporation, Petitioner On Review, v. Peter V. GUARISCO, Hellenic, Inc., Pyramid Ventures Group, Inc., Pyramid Bulkhandling, Inc., Respondents On Review, Donald C. Scafidi and Pyramid Bulkcarriers, Inc., Respondents On Review, Creole, Ltd., Pyramid Supply Inc., Transbulk Ltd., Pyramid Sugar Transport, Inc., and Creole International, Defendants.

Supreme Court of Oregon.

Decided July 7, 1982.

Rehearing Denied August 24, 1982.

Attorney(s) appearing for the Case

Bruce M. Hall, Portland, argued the cause and filed briefs for petitioner on review. With him on the briefs were Wood, Tatum, Mosser, Brooke & Holden, P.C. and Daniel M. Ricks, Portland.

William M. McAllister, Portland, argued the cause and filed briefs for respondents on review. With him on the briefs was Richard C. Josephson, Portland.

Before DENECKE, C.J., and LENT, LINDE, PETERSON and CAMPBELL, JJ.

CAMPBELL, Justice.

Plaintiff North Pacific Steamship Company (North Pacific), a judgment creditor, instituted this suit, styled as a creditor's bill in equity, against the several individual and corporate defendants in an effort to have their assets applied against its unsatisfied judgment. The judgment debtor, Pyramid Bulkcarriers (Bulkcarriers), is named as defendant but its assets have long since been depleted. The principal targets of this suit are several allied...

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