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  5. 132 B.R. 271 (1991)
 

IN RE McLEAN INDUSTRIES, INC.

Bankruptcy Nos. 86-B-12238 (CB) through 86-B-12241 (CB), Adv. Nos. 89-5589A, 89-5590A.

132 B.R. 271 (1991)

In re McLEAN INDUSTRIES, INC., et al., Debtors. CHEMICAL BANK, Plaintiff, v. UNITED STATES LINES (S.A.), INC., Alabama Dry Dock & Shipbuilding and the United States of America By the Maritime Administration of the Department of Transportation, Defendants.

United States Bankruptcy Court, S.D. New York.

September 27, 1991.

Attorney(s) appearing for the Case

Zalkin, Rodin & Goodman, New York City, by Michael S. Davis, for Chemical Bank.

Milbank, Tweed, Hadley & McCloy by Robert Drain, Gilmartin, Poster & Shafto by Michael C. Lambert, New York City, for United States Lines (S.A.), Inc.

Otto G. Obermaier, U.S. Atty., New York City by Edward A. Smith, for the U.S. of America by the Dept. of Transp.

DECISION ON PLAINTIFF'S MOTION AND DEFENDANT'S CROSS MOTION FOR SUMMARY JUDGMENT PERTAINING TO ENTITLEMENT TO CERTAIN INSURANCE PROCEEDS

CORNELIUS BLACKSHEAR, Bankruptcy Judge.

This adversary proceeding ensues from an accident involving the cargo ship Delta Sud (the "Vessel"). Subsequent to the accident, the owner, United States Lines (S.A.), Inc. ("SA" or the "Debtor") filed a petition under chapter 11 of the Bankruptcy Code (the "Code"). Upon approving a...

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