IN RE APEX OIL CO.

Bankruptcy No. 87-03804-BKC-BSS, Claim Nos. 835, 936, 937 and 985, Claim Objection Nos. 1244, 1245, 1246 and 1247.

107 B.R. 189 (1989)

In re APEX OIL COMPANY, et al., Debtors. APEX OIL COMPANY, Debtor, v. STINNES INTEROIL, INC., Coastal Refining & Marketing, Inc., The Belcher Company of New York, Inc., and New York Mercantile Exchange, Claimants.

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

October 30, 1989.


Attorney(s) appearing for the Case

Richard S. Berger, Gendel, Raskoff, Shapiro & Quittner, Clayton, Mo., Richard S. Berger, Carol Levine, Gendel, Raskoff, Shapiro & Quittner, Los Angeles, Cal., Dennis A. Ferrazzano, Barack, Ferrazzano and Kirschbaum, Chicago, Ill., for debtors.

Lloyd A. Palans, Gallop, Johnson and Neuman, St. Louis, Mo., Examiner.

Steven N. Cousins, Armstrong, Teasdale, Kramer, Vaughan & Schlafly, St. Louis, Mo., for Unsecured Creditors Committee.

Robert J. Brownlee, Thompson & Mitchell, St. Louis, Mo.

Donald E. Egan, Lee Ann Watson, David K. Schmidt, Katten, Muchin, Zavis, Pearl & Galler, Chicago, Ill., for Stinnes Interoil, Inc.

Christopher H. Lunding, Mitchell A. Lowenthal, Cleary, Gottlieb, Steen & Hamilton, New York City.

Michael Lesch, Shea & Gould, New York City, for Belcher Co. et al.

Audrey G. Fleissig, Peper, Martin, Jensen, Maichel & Hetlage, St. Louis, Mo.

Larry Wainer, Houston, Tex.

R. Patrick Thompson, Executive Vice President, New York Mercantile Exchange, Norman S. London, St. Louis, Mo.

William E. Hegarty, Cahill Gordon & Reindel, New York City, for New York Mercantile Exchange.

Norman S. London, Deborah Chait Korenblat, St. Louis, Mo.


MEMORANDUM OPINION AND ORDER

BARRY S. SCHERMER, Bankruptcy Judge.

INTRODUCTION

On September 25, 1989, Apex Oil Company (hereinafter "Apex") filed a Motion To Estimate Claims (hereinafter the "Motion"), pursuant to § 502(c)(1) of the Bankruptcy Code. The Motion concerns the claims of Stinnes Interoil, Inc. (hereinafter "Stinnes"), Coastal Refining and Marketing, Inc. (hereinafter "Coastal"), The Belcher...

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