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Seacor Marine, LLC v. GOL, LLC — 5th Cir. (argued September 2, 2026)

No. 26-30021 Argued September 2, 2026 Published September 3, 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.

Sources
Argument audio — U.S. Court of Appeals for the Fifth Circuit (public domain, 17 U.S.C. § 105):https://www.ca5.uscourts.gov/OralArgRecordings/26/26-30021_9-2-2026.mp3
Argument record — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/oral-argument-recordings/results?docket=26-30021
Argument calendar — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/court-calendars/sitting?d=2026-09-02
Opinion search — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/opinions/results?docket=26-30021&group=flat
Summary-judgment order — U.S. District Court for the Eastern District of Louisiana:https://www.govinfo.gov/content/pkg/USCOURTS-laed-2_24-cv-02409/pdf/USCOURTS-laed-2_24-cv-02409-0.pdf
Rule 59 order — U.S. District Court for the Eastern District of Louisiana:https://www.govinfo.gov/content/pkg/USCOURTS-laed-2_24-cv-02409/pdf/USCOURTS-laed-2_24-cv-02409-1.pdf
Fiduciary duty — Cornell Legal Information Institute:https://www.law.cornell.edu/wex/fiduciary_duty
Arthur R. Kraatz — Phelps Dunbar LLP:https://www.phelps.com/professionals/arthur-r-kraatz.html
Arthur R. Kraatz firm confirmation — Louisiana State Bar Association:https://www.lsba.org/documents/publications/BarJournal/Journal-June-July-2024.pdf
Aaron B. Greenbaum — Pusateri, Johnston, Guillot & Greenbaum:https://pjgglaw.com/attorneys/aaron-b-greenbaum/
Aaron B. Greenbaum firm confirmation — U.S. Bankruptcy Court for the Eastern District of Louisiana:https://www.laeb.uscourts.gov/sites/laeb/files/26-10678%20Doc%20156.pdf

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