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Bankruptcy Appellate Panel for the District of Maine Court Cases
In Re Casco Bay Lines, Inc. (1981)Casco Bay Lines (CBL) operates a state-regulated ferry service between its base in Portland, Maine and certain islands in Casco Bay. On June 12, 1980, CBL filed a Chapter 11 petition and applied to the bankruptcy court for authority to retain Poulos to represent it in the pending Chapter 11 proceedings. The application, which was granted, stated that Poulos was also representing Peter and Valerie Kontaratos, CBL's chief executive officers and majority stockholders. Both the Kontaratoses and [...]
Court: Bankruptcy Appellate Panel for the District of Maine Docket: Bankruptcy No. 81-9007
In Re Casco Bay Lines, Inc. (1981)In this Chapter 11 proceeding, an appeal has been taken by the City of Portland from an order of the Bankruptcy Court which imposed certain limitations upon the rights of the Appellant-Intervenor, with respect to its participation in the reorganization of the Debtor-in-Possession, a public utility transportation company. The City of Portland moved to intervene as a representative of its resident public, particularly those living on certain islands within the city limits, and for whom the [...]
Court: Bankruptcy Appellate Panel for the District of Maine Docket: Bankruptcy No. 81-9008