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IN RE CHARTER CO.

Bankruptcy Nos. 84-289-BK-J-GP to 84-332-BK-J-GP, Adv. No. 84-226.

54 B.R. 91 (1985)

In re The CHARTER COMPANY, et al., Debtors. EIGHTY-EIGHT OIL COMPANY, Plaintiff, v. CHARTER CRUDE OIL COMPANY, Defendant.

United States Bankruptcy Court, M.D. Florida, Jacksonville Division.

October 15, 1985.

Attorney(s) appearing for the Case

Robert J. Reid, Casper, Wyo., for plaintiff.

Lester M. Kirshenbaum, New York City, James H. Post, Karen S. Jennemann, Jacksonville, Fla., for defendant.

MEMORANDUM OPINION

GEORGE L. PROCTOR, Bankruptcy Judge.

This adversary proceeding was commenced by Eighty-Eight Oil (Eighty-Eight) to recover possession of 3,986.6 barrels of crude oil pursuant to a reclamation demand or alternatively to be granted a priority under 11 U.S.C. § 546(c)(2)(A) in the amount of $111,624.80. A trial was held on August 9, 1985, and the parties have submitted post-trial briefs. The Court...

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