In the Matter of PESTER REFINING COMPANY, Debtor.
PESTER REFINING COMPANY, Plaintiff,
and
Continental Illinois National Bank and Trust Company of Chicago, First Interstate Bank of Denver, N.A., Bankers Trust Company, Inland Crude Purchasing Corporation, and Official Unsecured Creditors Committee of Pester Refining Company, Plaintiffs-Intervenors,
v.
MAPCO GAS PRODUCTS, INC. and Mid-America Pipeline Company, Defendants.
BURKE ENERGY CORPORATION, Plaintiff,
v.
PESTER REFINING COMPANY, Defendant,
PESTER REFINING COMPANY, Counterclaimant and Third-Party Plaintiff,
v.
BURKE ENERGY CORPORATION, Counterdefendant,
and
Mid-America Pipeline Company, Third-Party Defendant,
Continental Illinois National Bank and Trust Company of Chicago, First Interstate Bank of Denver, N.A., Bankers Trust Company, Inland Crude Purchasing Corporation, Southern Union Refining Company, and Official Unsecured Creditors Committee of Pester Refining Company, Intervenors.
United States Bankruptcy Court, S.D. Iowa.https://leagle.com/images/logo.png
July 9, 1986.
July 9, 1986.
Attorney(s) appearing for the Case
James A. Chatz, Chicago, Ill., and John G. Fletcher, Des Moines, Iowa, for debtor.
Harry D. Dixon, Omaha, Neb., and T. Randall Wright, Wichita, Kan., for Official Unsecured Creditors Comm.
Robert A. Gamble and Julie Johnson McClean, Des Moines, Iowa, for Bank Group.
Harold Kaplan, Theodore Livingston and Janice M. Powell, Chicago, Ill., for Continental Illinois.
William J. Baum, Denver, Colo., for First Interstate.
Frank L. Burnette, II, Des Moines, Iowa, for Inland Crude Purchasing Corp.
Thomas L. Flynn, Des Moines, Iowa, for Southern Union Refining Co.
F. Richard Lyford, Des Moines, Iowa, for Burke Energy Corp.
Herschel Langdon, Richard Steffen, Des Moines, Iowa, W. Michael Shinkle, Davenport, Iowa, and Royse M. Parr, Tulsa, Okl., for Mapco Gas Products, Inc. and Mid-America Pipeline Co.
United States Bankruptcy Court, S.D. Iowa.
MEMORANDUM OF DECISION
RICHARD STAGEMAN, Bankruptcy Judge.
The matters before the court are two adversary proceedings that were consolidated for trial. The issues involved include a complaint for turnover of property of the estate, for money damages incurred by conversion of estate property, and counterclaims for reclamation. A motion to compel assumption or rejection of an executory contract has also been consolidated...
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