- 11 U.S.C.
Grochal v. Ocean Technical Servs. Corp. (In re Baltimore Marine Indus.)
Feb
09
2007
Ruling
Debtor's subcontractor did not have an absolute right to interpleaded funds which were part of bankruptcy estate.
Procedural posture
After a government contractor filed a chapter 11 bankruptcy petition, a ship operator filed an interpleader action, seeking to deposit the amount it owed the contractor for repairs. The District Court for the District of Maryland affirmed the bankruptcy court's determination that appellee subcontractor was entitled to be paid from the interpleaded funds. Appellant liquidating agent sought review of the district court's judgment.
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