In the Matter of the complaint of Bouchard Transportation Co., Inc., Motor Tug Ellen S. Bouchard, Inc., B. No. 280 Corporation as Owners, etc.
Filing 60
OPINION AND ORDER re: 44 MOTION to Approve an Order requiring adequate and proper security to be posted . filed by The Long Island Lighting Company d/b/a LIPA, Talbot Underwriting (US) Ltd., National Union Fire Insurance Company of Pittsburgh, PA, Princeton Excess & Surplus Lines Insurance Company, Aspen Specialty Insurance Company, Associated Electric & Gas Insurance Services Limited, Navigators Management Company, Inc., New York on behalf of Lloyd's Syndicate s: 1221 Navigators, 4000 Pembroke and 2015 Channel, Power Authority of the State of New York, Westport Insurance Corporation, Brit UW Limited, Energy Insurance Mutual. The Court grants Cable Interests' motion for Bouchard to post securit y for Barge B. No. 280. Pursuant to the parties' September 19, 2014 stipulation (Dkt. 58), the fair market value of the Barge B. No. 280 is $15,000,000.00. Bouchard is directed to post security in this amount on behalf of Barge B. No. 280 within fourteen (14) days of this Memorandum and Order. (Signed by Judge Paul A. Crotty on 9/29/2014) (lmb)
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