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IN RE TEXACO, INC.

Bankruptcy Nos. 87 B 20142 (ASH) to 87 B 20144 (ASH), Adversary No. 96-5113A.

218 B.R. 1 (1998)

In re TEXACO, INC., Texaco Capital, Inc., Texaco Capital, N.V., Reorganized Debtors. TEXACO, INC., Plaintiff, v. WOLVERINE EXPLORATION COMPANY, et al., Defendants.

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

January 16, 1998.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, L.L.P. by Martin J. Bienenstock, New York City, for Reorganized Debtor/Plaintiff.

Pezold, Richey, Caruso & Barker by R.K. Pezold, Tulsa, OK, Skadden, Arps, Slate, Meagher & Flom, L.L.P. by Michael L. Cook, New York City, of counsel for Defendants.

DECISION ON MOTIONS FOR SUMMARY JUDGMENT

ADLAI S. HARDIN, Jr., Bankruptcy Judge.

Texaco reopened its 1987 Chapter 11 case and commenced this adversary proceeding in May 1996. The complaint seeks declaratory and injunctive relief with respect to claims asserted against Texaco by defendants Wolverine Exploration Company, et al. (collectively "Wolverine") which have been litigated to an arbitral award in an arbitration proceeding. The claims here...

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