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IN RE GAMMA FISHING CO., INC.

Bankruptcy No. 85-01603-H11.

70 B.R. 949 (1987)

In re GAMMA FISHING COMPANY, INC., a Puerto Rico corporation, Debtor.

United States Bankruptcy Court, S.D. California.

March 13, 1987.

Attorney(s) appearing for the Case

Sullivan, McWilliams, Lewin & Markham, Jerry M. Cannon, San Diego, Cal., for debtor.

Jerry D. Cluff, Pain, Cluff & Olson, San Diego, Cal., for creditor Cutri.

MEMORANDUM DECISION

JOHN J. HARGROVE, Bankruptcy Judge.

I.

INTRODUCTION

At issue is a $40,775.00 claim against Gamma Fishing Company, Inc. ("debtor"), for an overdue insurance premium installment. Creditor Cosimo Cutri Insurance Company ("Cutri") contends that $39,800.00 of its claim is payable in full either as an administrative expense per 11 U.S.C. § 503(b)(1)(A), or as part of an executory contract assumed by debtor per 11 U...

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