Seacor Marine, LLC v. GOL, LLC — 5th Cir. (argued September 2, 2026)
The Fifth Circuit considers a dispute over a thirteen-million-dollar payment during Cox Operating's bankruptcy. GOL brokered Seacor Marine's vessels to Cox, which entered bankruptcy owing about two point seven million dollars on Seacor's charters. Cox later paid GOL thirteen million dollars toward GOL's prepetition claim in exchange for continued essential services. Seacor says part of that payment should have covered its invoices; GOL says Seacor was not eligible because it no longer provided services to Cox. The district court entered summary judgment for GOL. Arthur R. Kraatz of Phelps Dunbar will represent Seacor. He will argue that GOL breached its fiduciary duties and that the district court misread the agreements.
Seacor Marine, LLC v. GOL, LLC (No. 26-30021) — U.S. Court of Appeals for the Fifth Circuit, argued September 2, 2026.
- 0:00Introduction
- 1:29Fiduciary duty
- 14:15Rule 56(f)
- 16:36Aaron B. Greenbaum — GOL