IN RE GULF FLEET HOLDINGS, INC.

Bankruptcy Nos. 10-50713, 10-50714, 10-50715, 10-50716, 10-50718, 10-50719, 10-50720, 10-50721, 10-50722, 10-50723. Adversary No. 10-05044.

444 B.R. 164 (2011)

In re GULF FLEET HOLDINGS, INC., et al., Debtors. Gulf Fleet Holdings, Inc., Plaintiff v. M/V Gulf Tiger, In Rem, and Thoma-Sea Boat Builders, L.L.C., as Purported Owner, Defendants.

United States Bankruptcy Court, W.D. Louisiana.

January 19, 2011.


Attorney(s) appearing for the Case

Christopher T. Caplinger , Benjamin W. Kadden , Stewart F. Peck , New Orleans, LA, Jason S. Oletsky , Fort Lauderdale, FL, for Debtors.

Ronald J. Savoie , Robert G. Jackson , J. Kincaid Jackson , Jackson & Jackson, PLLC, Baton Rouge, LA, for Thoma-Sea Boat Builders, LLC.

Richard A. Aguilar , New Orleans, LA, for Flatiron Capital.

H. Kent Aguillard , Eunice, LA, for Fleet Operators, Inc.

C. Davin Boldissar , New Orleans, LA, for Power Specialties, Inc.

George W. Byrne, Jr. , Cheryl Lynn Wild , Evette E. Ungar , Ungar & Byrne, New Orleans, LA, for Hiram Variet.

Mark A. Mintz , R. Patrick Vance , New Orleans, LA, Rhett G. Campbell , Demetra L. Liggins , Houston, TX, for Comerica Bank.

Leonard William Copeland , Shreveport, LA, for U.S. Trustee.

Albert J. Derbes, IV , Eric J. Derbes , Melanie M. Mulcahy , Metairie, LA, for Force Power Systems, LLC.

J. Eric Lockridge , Baton Rouge, LA, Jason R. Domark , White & Case, LLP, Miami, FL, for Gulf Fleet Financing, LLC and H.I.G. Gulf Fleet Acquisition, LLC.

William P. Gibbens , Andrea V. Timpa , New Orleans, LA, Thomas S. Henderson , Houston, TX, for Odyssea Marine, Inc.

C. Berwick Duval, II , Houna, LA, for Vacco Marine, Inc.

Alan H. Goodman , Timothy S. Mehok , New Orleans, LA, Christopher D. Johnson , Paul D. Moak , Hugh M. Ray, Jr. , Hugh Massey Ray, III , Rugh A. Van Meter , Nicholas Zugaro , Houston, TX, for Official Committee of Unsecured Creditors.

Philip K. Jones, Jr. , New Orleans, LA, Joseph P. Hebert , for Bank One Equity Investors—BIDCO, Inc.

Alan A. Katz , New Orleans, LA, for Entergy Services, Inc.

Timothy S. Madden , Henry A. King , Robert J. Stefani , Madden, King, LeBlanc & Bland, PLLC, New Orleans, LA, for Micheal Hillman.

Peter A. Kopfinger , Louis M. Phillips , Ryan James Richmond , Gordan Arata McCollam et al., Baton Rouge, LA, Steven J. Solomon , Gray Robinson, P.A., Miami, FL, for Brightpoint Capital Partners Master Fund, L.P.

Arthur S. Mann, III , New Orleans, LA, for Bank of America, N.A.

Michael J. McGinnis , Houston, TX, for El Paso E&P Company, L.P.

Craig A. Ryan , Onebane Law Firm, Lafayette, LA, for Bayou State Marine & Industrial Supply, Inc.

Thomas E. St. Germain , Lafayette, LA, for Darlene Hillman.

Paul M. Sterbcow , New Orleans, LA, for Eddie Thomas-Ponce.


MEMORANDUM RULING

ROBERT SUMMERHAYS, Bankruptcy Judge.

The subject matter of the present adversary proceeding is Gulf Fleet Holdings, Inc.'s ("Gulf Fleet") request that the court recognize a maritime privilege against the M/V Gulf Tiger under Louisiana Civil Code article 3237(8). Thoma-Sea seeks dismissal of the complaint on the grounds that Gulf Fleet has failed to state a claim for which relief may be granted. After considering the parties' arguments...

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