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IN RE OFFSHORE CARRIER AND LINER SERVICE, INC.

Bankruptcy No. 87-01020-BKC-JJB, Adv. No. 87-0145-BKC-JJB.

82 B.R. 504 (1988)

In re OFFSHORE CARRIER AND LINER SERVICE, INC., Debtor, MARINE OFFICE OF AMERICA CORPORATION, A DIVISION OF CONTINENTAL INSURANCE COMPANY, Plaintiff, v. Stuart J. RADLOFF, Trustee of the Estate of Offshore Carrier and Liner Service, Inc., Archer-Daniels Midland Company and American River Transportation Company, Defendants.

United States Bankruptcy Court, E.D. Missouri, E.D.

February 8, 1988.

Attorney(s) appearing for the Case

Stuart J. Radloff, Clayton, Mo., Trustee.

Richard S. Bender, Clayton, Mo., for Trustee.

Elmer Price, St. Louis, Mo., for Archer-Daniels Midland Co.

Francis X. Buckley, Jr., Allen D. Allred, St. Louis, Mo., for Marine Office of America Corp.

Paul H. Lauber, Godfrey, Ill., D. Raymond Raney, Webster Groves, Mo., for Offshore Carrier and Liner Service.

FINDINGS AND CONCLUSIONS

JAMES J. BARTA, Bankruptcy Judge.

The motion for summary judgment of American River Transportation Company (ARTCO) having been heard by this Court and the matter taken under submission and now having been duly considered, the Court enters the following Findings of Fact and Conclusions of Law.

Offshore Carrier and Liner Service, Inc. filed its voluntary petition under Chapter 7 on April 10, 1987. The Debtor had operated a...

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