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IN RE COASTAL CARRIERS CORP.

Bankruptcy No. 89-5-0520-JS.

128 B.R. 400 (1991)

In re COASTAL CARRIERS CORPORATION, Debtor.

United States Bankruptcy Court, D. Maryland.

June 3, 1991.

Attorney(s) appearing for the Case

Richard L. Wasserman, David E. Rice, John A. Roberts, Venable, Baetjer & Howard, Baltimore, Md., for debtor.

Gary R. Greenblatt, Schwarz & Greenblatt, Baltimore, Md., Robert H. Brownlee, St. Louis, Mo., Gerald D. Stoltz, Thompson & Mitchell, Washington, D.C., for Hornbeck Offshore Services, Inc.

David W. Skeen, Wright, Constable & Skeen, Baltimore, Md., for Creditors' Committee.

Edmund A. Goldberg, Office of the U.S. Trustee, Baltimore, Md.

MEMORANDUM OPINION OVERRULING OBJECTION TO ADMINISTRATIVE CLAIM

JAMES F. SCHNEIDER, Bankruptcy Judge.

The issue presented in this case is whether the owners of a tug which towed the debtor's barge three-quarters of the way across the Atlantic Ocean before the barge sank (through no apparent fault of the tug) are entitled to an administrative expense claim against the debtor's bankruptcy estate based upon a postpetition...

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