CAPITOL STEEL MOTION DENIED BY JUDGE

From: THE JOURNAL RECORD | Date: March 12, 1986| Author: | Copyright information

Capitol Steel Corp.'s motion to sell inventory in the bankrupt estate was denied without prejudice Tuesday by U.S. Bankruptc y Judge Robert Berry, until a dispute between Boh Brothers Construction Co. of New Orleans and Capitol can be resolved.

A denial without prejudice indicates the debtor may file a second motion.

The company asked the court to approve the sale of about $1.5 million of the inventory to Victor Kingery of Denver.

The dispute involves a partnership of Boh Brothers Construction Co. of New Orleans and T.L. James of Ruston, La., and Capitol revolving around ownership of some of ...

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