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MATTER OF J & L TRANSPORT, INC.

Adv. No. 84-0328-11.

47 B.R. 51 (1985)

In the Matter of J & L TRANSPORT, INC., Debtor. J & L TRANSPORT, INC., Plaintiff, v. CANAL INSURANCE COMPANY, Defendant.

United States Bankruptcy Court, W.D. Wisconsin.

January 14, 1985.

Attorney(s) appearing for the Case

William A. Abbott, Bell, Metzner & Gierhart, S.C., Madison, Wis., for defendant.

Daniel A. Zazove, Towbin & Zazove, Ltd., Chicago, Ill., Brady Williamson, LaFollette, Sinykin, Anderson & Munson, Madison, Wis., for plaintiff.

MEMORANDUM DECISION

ROBERT D. MARTIN, Bankruptcy Judge.

J & L Transport ("J & L") is an interstate trucking company which filed for bankruptcy under chapter 11 on November 13, 1984. It had purchased a Policy No. 11 89 62 ("insurance policy") for liability and property damage insurance from Canal Insurance Company ("Canal") on September 1, 1984. The policy provided for $600,000 coverage, the minimum amount required in 1984 by Wisconsin law for commercial...

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