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IN RE COASTAL INDUSTRIES, INC.

Bankruptcy Nos. 586-765, 586-766, Adv. No. 586-0186.

63 B.R. 361 (1986)

In re COASTAL INDUSTRIES, INC. and Coastal Tank Lines, Inc. Debtors and Debtors In Possession. COASTAL INDUSTRIES, INC. and Coastal Tank Lines, Inc., Plaintiffs, v. UNITED STATES of America INTERNAL REVENUE SERVICE, et al, Defendants.

United States Bankruptcy Court, N.D. Ohio.

July 17, 1986.

Attorney(s) appearing for the Case

Wallace Walker, Cleveland, Ohio, for debtor.

John Schwemler, Akron, Ohio, for Chase Manhattan Bank.

Roger Stevenson, Akron, Ohio, for B.F. Goodrich Co.

Robert Balantzow, Cleveland, Ohio, for Dana Commercial Credit.

Sharon DeVries, Hampton, N.H., for Northeast Cartage Co.

Mark Richards, Markus & Pierce, New York City, for Creditors' Committee.

Ellen Keller, Cleveland, Ohio, for Press Tank & Equipment Co.

Mark Webber, Cleveland, Ohio for Cent. States SE & SW Areas Health, Welfare & Pension Funds.

H.F. WHITE, Bankruptcy Judge.

On June 13, 1986 Coastal Tank Lines, Inc., a subsidiary of Coastal Industries, Inc., filed an adversary proceeding, being Case No. 586-0186, in which they filed a petition to sell rolling stock equipment and regulatory rights of the said debtors. This Court did on June 13, 1986 enter an order shortening the time to answer the complaint to said adversary proceeding and set the matter for hearing on the same date on which the Court scheduled...

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