In the Matter of Placid Oil Company, Debtor. Professional Geophysics, Inc. v. Placid Oil Co.

U.S. Court of Appeals, Fifth Circuit · Decided 1991-05-31

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JERRY E. SMITH, Circuit Judge: Appellant Professional Geophysics, Inc. (PGI), a producer of seismic data, filed an administrative claim in bankruptcy court against appellee/debtor Placid Oil Co. (Placid), claiming that Placid had used its data without paying for it. The bankruptcy court granted summary judgment in favor of Placid, holding that PGI’s claim was barred by the statu…

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