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MATTER OF CLARK PIPE AND SUPPLY CO., INC.

Civ. A. No. 87-3445.

87 B.R. 21 (1988)

In the Matter of CLARK PIPE AND SUPPLY COMPANY, INC., Debtor. Claude R. SMITH, as Trustee for the Debtor, Clark Pipe and Supply Company, Inc., Plaintiff, v. ASSOCIATES COMMERCIAL CORPORATION.

United States District Court, E.D. Louisiana.

May 23, 1988.

Attorney(s) appearing for the Case

Liskow & Lewis, Philip K. Jones Jr., New Orleans, La., for Claude R. Smith, trustee.

Edward M. Heller, Bernard H. Bernis, Jan M. Hayden, New Orleans, La., for debtor.

Monroe & Lemann, Richard W. Bussoff, New Orleans, La., for Associates Commercial Corp.

ORDER AND REASONS

PATRICK E. CARR, District Judge.

On May 7, 1982, Clark Pipe and Supply Company, Inc. ("Clark Pipe"), a wholesale pipe company supplying the offshore construction industry, filed for reorganization under Chapter 11 of the Bankruptcy Code. Immediately after the filing of the order for relief, the major vendors of Clark Pipe (i.e., Nichimen Company, Inc. (formerly Japan Cotton Company), Mitsubishi International Corporation, Okaya (U.S.A.)...

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