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IN RE OCEAN PETROLEUM, INC.

Bankruptcy No. 898-91840-478. Adversary No. 899-8174-478.

252 B.R. 25 (2000)

In re OCEAN PETROLEUM, INC., Debtor. Fleet Bank, N.A., Plaintiff, v. Business Alliance Capital Corp., Defendant.

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

August 23, 2000.

Attorney(s) appearing for the Case

Wilson, Elser, Moskowitz, Edelman & Dicker, LLP, White Plains, NY, for plaintiff.

Lowenstein Sandler, P.C., Roseland, NJ, for Business Alliance Capital Corp.

DECISION AND ORDER

DOROTHY EISENBERG, Bankruptcy Judge.

Fleet Bank N.A. ("Fleet") brought this adversary proceeding to recover a sum of money from Business Alliance Credit Corp. ("BACC") who provided revolving credit and asset-based lending to the Chapter 7 Debtor, Ocean Petroleum Corp. (the "Debtor"). In its complaint, Fleet claims that it mistakenly paid BACC in connection with a series of Automated Clearing House debit transactions initiated by...

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