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IN RE APEX OIL CO.

No. 01-6004EM.

265 B.R. 144 (2001)

In re APEX OIL COMPANY, Debtor. Apex Oil Company, Appellant, v. Artoc Bank & Trust Limited, Appellee.

United States Bankruptcy Appellate Panel of the Eighth Circuit.

Decided July 25, 2001.

Attorney(s) appearing for the Case

Jesse R. Pierce, Houston, TX, for appellant.

Eric C. Young, Belleville, IL, with whom Stephen Sale, John D. Quinn, Washington, DC, and A. Thomas DeWoskin, St. Louis, MO, were on brief, for appellee.

Before KRESSEL, WILLIAM A. HILL and O'BRIEN, Bankruptcy Judges.

O'BRIEN, Bankruptcy Judge.

Apex Oil Company (the "Debtor") appeals from four bankruptcy court2 orders and a summary judgment entered in favor of Artoc Bank & Trust Limited ("Artoc"), allowing Artoc a claim in the Debtor's bankruptcy case in the amount of $3,461,850.3 We affirm.

I

STATEMENT OF THE CASE

During the 1970's, Artoc was a secured lender to Uni Refining, Inc. ("Uni"...

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