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IN RE COAST TRADING CO., INC.

Bankruptcy No. 382-00974, Adv. No. 82-0334.

31 B.R. 663 (1982)

In re COAST TRADING COMPANY, INC., Debtor. KERR PACIFIC MILLING CORP., Plaintiff, v. COAST TRADING COMPANY, INC., a Washington corporation; Columbia Grain Inc., an Oregon corporation; Continental Grain Co., a Delaware corporation; United Grain Corporation of Oregon, an Oregon corporation, Defendants. UNITED GRAIN CORPORATION, Defendant and Third-Party Plaintiff, v. DALLAS CO-OP, Third-Party Defendant.

United States Bankruptcy Court, D. Oregon.

July 16, 1982.

Attorney(s) appearing for the Case

P. Anne Klassner, Portland, Or., for debtor.

Robert A. Russell, Portland, Or., for United Grain.

Jess M. Glaeser, Portland, Or., for plaintiffs.

Gilbert Sussman, Portland, Or., for Oregon Bank.

Kevin Padrick, Portland, Or., for the Bank of Nova Scotia.

FOLGER JOHNSON, Bankruptcy Judge.

Plaintiff Kerr Pacific Milling Corp. agreed to sell 33,000 bushels of wheat to defendant Coast Trading Co., which agreement was confirmed in writing. Coast then sold part of it to Dallas Co-op which in turn sold it to United Grain. Coast then directed Kerr to deliver this portion of the contract directly to United Grain by Union Pacific Railroad. It was shipped on March 31 pursuant to a nonnegotiable straight bill of lading. United...

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