1. Home
  2. Browse Decisions
  3. B.R.
  4. 60 B.R.
  5. 60 B.R. 377 (1986)
 

IN RE CORAL PETROLEUM, INC.

Bankruptcy No. 83-02460-H2-5.

60 B.R. 377 (1986)

In re CORAL PETROLEUM, INC., Debtor.

United States Bankruptcy Court, S.D. Texas, Houston Division.

March 14, 1986.

Attorney(s) appearing for the Case

Dennis J. Drebsky, William Gray, Sally Henry of Skadden, Arps, Slate, Meagher & Flom, New York City, Patrick L. Hughes of Sheinfeld, Maley & Kay, Houston, Tex., for Coral Petroleum, Inc.

Daniel H. Johnston, Jr., Brooke E. Smith of Ross, Banks, May, Cron & Cavin, Houston, Tex., for Official Creditors Committee of Coral Petroleum, Inc.

Bruce R. Zirinsky, Jacqueline Marcus of Weil, Gotshal & Manges, New York City, Alfredo R. Perez of Bracewell & Patterson, Houston, Tex., for Banque Paribas.

Susan J. Brandt, Diana L. Resnick of Boyar, Norton & Blair, Houston, Tex., for Phibro Corp.

Paul V. Swearingen, Houston, Tex., for Dorchester Sea-3 Products, Inc.

Robert C. Finley of Casson, Calligaro & Mutryn, Houston, Tex., for T.W. Oil.

James Ellis of Carrington, Coleman, Sloman & Blumenthal, Dallas, Tex., for Moore McCormack Petroleum.

Laurence J. Kaiser, Victor F. Keen, Ann-Elizabeth Purintun, Ingrid R. Sausjord of Kronish, Lieb, Weiner & Hellman, New York City, for United Refining Co.

Robert M. Noblitt of Dotson, Babcock & Scofield, Houston, Tex., for Official Creditors Committee of United Refining Co.

MEMORANDUM OPINION

R.F. WHELESS, Jr., Chief Judge.

Coral Petroleum, Inc., a Texas corporation, filed a petition for relief under Chapter 11 of Title 11 of the United States Code (Bankruptcy Code) on June 2, 1983. Coral has acted as debtor-in-possession pursuant to sections 1107 and 1108 of the Bankruptcy Code, however the debtor has essentially not been operating its business. Three different plans of reorganization were respectively filed by the debtor...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases